Per Curbed, Metro backed down on their misguided plan to build generic medical offices in Boyle Heights’ Mariachi Plaza. However, whereas Curbed is presenting the change of plans as a win for anti-gentrification forces, I think the jury is still very much out. Given that BH residents have been pretty happy to have affordable housing
Per Curbed, Metro LA is considering building a giant retail / medical office plaza with a ton of parking in Mariachi Plaza in Boyle Heights. Big bureaucracies come up with stupid urban planning ideas all the time, but this one is right up there. Consider: Mariachi Plaza is a beautiful public space, well-served by public
Since January 1, we’ve started three new projects (9 units, 8 units, and 3 units). Always love to see them ripped open, so thought you would, too:
Just getting back to the office after a wonderful break and thought I’d take the opportunity to offer some thoughts and make some predictions on the LA market in 2015. Here they are, in no particular order: 1. Interest rates will rise, but prices won’t fall. Classic real estate finance math clearly shows that, all
Obviously there is a bunch of controversy around the renovation of apartment buildings in Highland Park (“HLP”) by our company and others. So far, the reporting on this topic has focused on the human aspect without really getting into the root economic / political issues driving gentrification in HLP. To understand why rents are rising fast