Its name may no longer adorn the home of LAFC, but Banc of California is back in Los Angeles in a big way, announcing that it will relocate its headquarters from Santa Ana to Los Angeles, setting up shop in space it already leases at 11611 San Vicente Boulevard in Brentwood. Following its acquisition of beleaguered PacWest Bancorp, Banc of California now ranks as the third largest bank headquartered in California, with more than $36 billion in assets.
New home of Banc of CaliforniaGoogle Street View
Here's what we're reading this week:
LA Mayor Promised To Fast-Track Affordable Housing. But Plans Near Single-Family Homes Have Stalled "Since that change in June, an LAist review found the city has placed nine affordable housing projects near single-family homes in limbo, creating an uncertain future for 1,443 potential units of low-income housing." (LAist)
La Traviata - a dingbat apartment building in Santa MonicaWikimedia Commons
Los Angeles’ Dingbat Apartments Evolve Under California Zoning Law "Developers Replace Carports With Housing Units in Unusual Midcentury Buildings" (CoStar)
Which cities are taking charge as California shifts to electric buses? "Three major Southern California transit agencies remain committed to having an all-electric fleet by 2030, a decade earlier than the state requirement." (LA Times)
The Forgotten Pedways: How LA’s Plan For Futuristic Walkways Went Unfinished "Pedways are largely seen as a design failure these days. There are two main reasons for that — some think they ruin the skyline and others think they zap a city’s energy. Some complained that it hurts the economy because people are routed away from shopping spots." (LAist)
Bus-only lane on Figueroa Street in Downtown Los AngelesGoogle Street View
LA Metro Announces Contract for Automated Bus Lane and Bus Stop Enforcement Systems "In addition to bus lane enforcement, Los Angeles will join Washington, DC in deploying automated bus stop enforcement. Illegal parking at bus stops makes boarding unsafe and inaccessible for people with disabilities; bus-mounted camera enforcement is proven to increase driver compliance with dedicated transit zones." (Santa Monica Next)
L.A. County aims to collect billions more gallons of local water by 2045 "The L.A. County Board of Supervisors on Tuesday adopted the county’s first water plan, which outlines how America’s largest county must stop importing 60% of its water and pivot over the next two decades to sourcing 80% of its water locally by 2045." (LA Times)
Finding A Shelter Bed In LA Isn’t Easy: LA City Controller Releases Audit "Roughly 46,260 unhoused people live in the city, according to the latest Greater Los Angeles Homeless Count, but there’s only about 16,100 interim housing beds available." (LAist)
Passengers exit a B Line train at North Hollywood StationWikimedia Commons
Who rides the subway in LA? (LA Times)
Puente Creek Bike Path Coming to La Puente, Valinda, and City of Industry "The Puente Creek Bikeway will provide a safe alternative to busy Amar Road between the area’s main north-south arterials, Hacienda Boulevard and Azusa Avenue." (Streetsblog LA)
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