A massive redevelopment effort could bring thousands of new homes and possibly a stadium to downtown Los Angeles. Will the bold plan revitalize downtown or lead to gentrification and increased housing costs?
"The Los Angeles City Council is poised to adopt a massive redevelopment district for downtown Los Angeles that would create thousands of new homes--and possibly ease the way for construction of a stadium for a professional football team.Local business officials and others hail the plan as key to revitalizing downtown. However, advocates for the poor are concerned that the proposal will lead to gentrification and skyrocketing housing prices."
Thanks to Walter Kunz - CCA
FULL STORY: Downtown L.A. Thinks Big
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