The Los Angeles Conservancy finds 4,255 housing units are being developed in downtown's older and historic buildings, in at least 35 separate projects.
The Broadway Initiative's report, "Housing Conversion in Downtown Los Angeles", summarizes detailed information collected for a new Downtown Housing Database on proposed "adaptive reuse" projects (projects that convert underutilized former office buildings to housing). Among the reports findings are the following:· Two-thirds of the adaptive reuse projects are located in the Historic Downtown area (generally defined as the area from Hill Street to Los Angeles Street, and Second Street to Olympic Boulevard);· The median of the proposed market-rate rents for the projects in development is $1.75 per square foot. While these rents are relatively high, one-third of the projects plan to provide affordable housing, through the use of Low-Income Housing Tax Credits. [Editor's note: This link is to a 1 MB PDF file.]
Thanks to Los Angeles Conservancy Modern Committee
FULL STORY: Housing Conversion in Downtown Los Angeles
Coming Soon to Ohio: The Largest Agrivoltaic Farm in the US
The ambitious 6,000-acre project will combine an 800-watt solar farm with crop and livestock production.
Pennsylvania Mall Conversion Bill Passes House
If passed, the bill would promote the adaptive reuse of defunct commercial buildings.
U.S. Supreme Court: California's Impact Fees May Violate Takings Clause
A California property owner took El Dorado County to state court after paying a traffic impact fee he felt was exorbitant. He lost in trial court, appellate court, and the California Supreme Court denied review. Then the U.S. Supreme Court acted.
Dallas Surburb Bans New Airbnbs
Plano’s city council banned all new permits for short-term rentals as concerns about their impacts on housing costs grow.
Divvy Introduces E-Bike Charging Docks
New, circular docks let e-bikes charge at stations, eliminating the need for frequent battery swaps.
How Freeway Projects Impact Climate Resilience
In addition to displacement and public health impacts, highway expansions can also make communities less resilient to flooding and other climate-related disasters.
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Barrett Planning Group LLC
HUD's Office of Policy Development and Research
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HUD's Office of Policy Development and Research
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