Unable to find development interest in a hotel central to redevelopment efforts, redevelopment financing in downtown Los Angeles gets creative.
"Unable to persuade a developer to build a hotel considered vital to the success of the city convention center, Los Angeles officials proposed Monday that they create a nonprofit corporation to pay for the $280-million project... Private developers have been uninterested in the project because convention center hotels are expensive to build and offer amenities, such as large conference rooms, that don't provide a steady return on the investment."
Thanks to Edmelynne Villanueva
FULL STORY: L.A. Officials Float Plan to Pay for Hotel Downtown

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Gallatin County Department of Planning & Community Development
Heyer Gruel & Associates PA
JM Goldson LLC
City of Camden Redevelopment Agency
City of Astoria
Transportation Research & Education Center (TREC) at Portland State University
Jefferson Parish Government
Camden Redevelopment Agency
City of Claremont