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The Future of the Arts District: Developers Look Forward, Policy Looks Behind

Posted by on Jun 25, 2014 in Blog | 0 comments

The Future of the Arts District: Developers Look Forward, Policy Looks Behind

Everyone knows that the Arts District in Downtown Los Angeles is absolutely blowing up right now. It’s one of the trendiest neighborhoods, if not the trendiest neighborhood in Los Angeles, filled with the best bars, restaurants, coffee shops and edgy retailers. Developers are flocking to the much sought after area, buying up properties and announcing plans to transform the area with all sorts of new residential and retail developments. Just this month we’ve heard about several new projects coming to the area including a 125,000 square foot “Grove style” open air mall, a 240 unit mixed...

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To Rent or To Buy?

Posted by on May 27, 2014 in Blog | 0 comments

To Rent or To Buy?

That is the age-old question. Does it make more financial sense to buy a home or rent one? Does it make more financial sense to buy a condo or rent an apartment? People across the country are faced with making this decision every day. It can be difficult to truly arrive at an apples-to-apples comparison between both scenarios though due to the complexities of buying and owning a home. It is not as straightforward as when you compare buying versus leasing a car. To help answer this question, the The New York Times recently came out with one of the best online calculators we have seen. It takes...

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Streetcar’s Value in Enhancing Walkability and Transit Accessibility in Downtown Los Angeles

Posted by on Nov 21, 2013 in Blog | 0 comments

Streetcar’s Value in Enhancing Walkability and Transit Accessibility in Downtown Los Angeles

Recently Walk Score released their 2014 City and Neighborhood Report. The report ranks cities and their neighborhoods by their walk score, transit score, and bike score. Accordingly, Downtown LA was ranked the most walkable and transit accessible neighborhood in Los Angeles. One might ask, if Downtown is so walkable and transit accessible, why do we need a streetcar in Downtown? While this is a valid question, the streetcar will only serve to enhance the walkable and transit accessible nature of Downtown. The methodology used by Walk Score looks at different criteria to assess walkability of...

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Garcetti Takes Initiative on Merger of Planning, Building and Safety Departments

Posted by on Oct 30, 2013 in Blog | 0 comments

Garcetti Takes Initiative on Merger of Planning, Building and Safety Departments

LA Mayor Eric Garcetti announced earlier this week that he would be postponing the merger of the Department of City Planning and Department of Building and Safety, an initiative birthed by former mayor, Antonio Villaraigosa. According to LA Downtown News, the idea behind the merger is to create a single unit that would handle all aspects of the entitlement and permitting process. As it exists now, developers and non-developers alike must navigate the departments separately, seeking approvals both here and there to be able to move forward on any project, from a high-rise tower to a...

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LABC Releases The 2013 Livable Communities Report

Posted by on Oct 21, 2013 in Blog | 0 comments

LABC Releases The 2013 Livable Communities Report

For the past two years, Urban One has been fortunate to collaborate with Professor Paul Habibi and the Los Angeles Business Council on the LABC Institute’s Livable Communities Report. The 2013 Livable Communities Report: A Call to Action, was just unveiled at the LABC’s Annual Mayoral Housing, Jobs, and Transportation Summit last Friday, October 18th. In 2012, this report focused on the intersection between housing, jobs, and transportation across Los Angeles County. Particular emphasis was placed on the need to develop workforce housing–affordable to those earning between...

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Councilmember Huizar Motions for More High-Rise Development in Downtown Los Angeles

Posted by on Oct 15, 2013 in Blog | 0 comments

Councilmember Huizar Motions for More High-Rise Development in Downtown Los Angeles

In the past 12 months, a new wave of real estate development has hit Downtown Los Angeles.  Property is trading, projects are being planned, and shovels are in the ground.  For those who are not aware, most of Downtown is zoned for high-rise, high-density use, which the core of any major city should be.  Although, over the years, many buildings that have gone up Downtown are not maximizing their height and density.  Instead, developers have opted to build mid-rise construction in lieu of high-rise construction.  The reason for this is because Type V (wood-framed) construction is so much...

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