Downtown L.A.'s $2.4 Billion Redevelopment Plan

Los Angeles approves a $2.4 billion downtown redevelopment plan to revitalize sections of the city's historic core.

1 minute read

May 9, 2002, 1:00 PM PDT

"With the prospect of a new NFL stadium hovering overhead like the Goodyear blimp, the Los Angeles City Council approved a $2.4-billion downtown redevelopment plan Wednesday that promises new housing, jobs and social services in blighted sections of the city's historic core.Acting on a complex proposal that came together with uncharacteristic swiftness, the council voted 12 to 3 to create a special district that could bring nearly 13,000 new housing units downtown..."

Thanks to Laura Kranz

Read the full story: $2.4-Billion Downtown L.A. Renewal Plan OKd

Thursday, May 9, 2002 in The Los Angeles Times

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