A former city manager and current real estate developer discusses the development trade-offs California cities face stemming from Prop. 13.
The outgrowth of Proposition 13 has been municipal reliance on sales taxes as a source of new revenue, resulting in greater demand for siting commercial projects over housing developments. Reflecting upon the economic development challenges cities face, TPR spoke with Larry Kosmont, a former city manager and current President and CEO of Kosmont Partners, specializing in matching private sector real estate opportunities with public sector land use policies, regulations, and financing/incentive programs.
Thanks to Larry Segal
Read the full story: Larry Kosmont On The Perilous Trade-off By Cities Of Housing For 'Big-Box' Development
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City of Rosemead
Rutgers University, Edward J. Bloustein School of Planning and Public Policy
One Hundred Miles
University of Michigan School for Environment and Sustainability (SEAS)
Hunter College, City University of New York (CUNY)
The Architects Foundation
City of Cambridge
Montrose County
The Pocatello Development Authority