Los Angeles Mayor Eric Garcetti's "Great Streets" plan is long on vision, but short on budget details. Terry Sweeney identifies some wealthy locals who should be called on for help.
"A great neighborhood needs a great street as its backbone -- that's the premise of Los Angeles Mayor Eric Garcetti's recently unveiled Great Streets initiative... The mayor wants to see streets being planned with these qualities in mind: walkability, transit, and their ability to serve as community hubs. That's a significant shift from past planning and design practices in the city," writes Terry Sweeney.
"Exactly who's going to pay for these great streets is the glaring omission in Garcetti's plan. No one's talking about raising taxes or floating a bond initiative in the next city election. So where's the money going to come from? Here's a shortlist of eight LA fat cats whose business, philanthropic, and/or personal interests are directly tied to the City of Fallen Angels and have personal fortunes to help foster Mayor Garcetti's grand plan."
Read the full story: 8 Fat Cats Who Can Fund LA's 'Great Streets' Initiative
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