The fate of industrial properties is the subject of a huge, ongoing battle in Los Angeles. City planners and economic development boosters want to prevent conversions to residential uses — much to the consternation of free-market advocates.
"Since Mayor Antonio Villaraigosa issued a directive in December 2005, the Department of Planning and the Community Redevelopment Agency (CRA) have conducted a two-year Industrial Land Use Policy Project (ILUP) and recently released recommendations on what to do with the city's industrial land.
The ILUP report recommends affirming existing industrial preservation policies and explicitly calls to preserve 80% of industrial land as employment protection districts, while permitting an industrialized version of a mixed-use district on 9%, and transit focused development on another 8%.
The report and recommendations have raised a stir among the development community and some members of the City Council."
Thanks to Paul Shigley
FULL STORY: Conflict Continues Over Future Of L.A.'s Industrial Properties
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