A six month delay is granted to JARCO's 2-million-square-foot retail redevelopment project near North Hollywood's Red Line station.
Developer J. Allen Radford was given 6 additional months to complete his proposal for a 2-million-square-foot retail complex in North Hollywood. The CRA Board requires proof of financing for the environmental impact report, as well as for the $400 million project. Many residents question the viability of the project. Others are disappointed by the slow pace of this redevelopment near the Red Line subway station.
Thanks to Gwenn Hilburn
FULL STORY: Developer Wins Time for Proposal
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