Here's what we're reading this week:
Another bidder in picture for Oceanwide Plaza "Familiar source sees credit bid by Dr. Kali P. Chaudhuri and Lendlease versus all-cash offer via Sean Burton’s Cityview and backer" (TRD)
LA Labubu HQ: Pop Mart inks deal for corporate hub "Toy maker bets on creativity in Culver City" (CoStar)
Slowly CHIPping away "The city's big housing plan turned a year old last week. It's not exactly going gangbusters." (The Future is LA)
SGV Bus Rapid Transit Gets Another $3.9M for Study and Design "Early improvements combine for about 14 miles of continuous bus lanes, expected to be installed in advance of the 2028 Olympic games" (Streetsblog LA)
SoCal’s Data Center Capacity to Double in Next Few Years "Sheer demand for digital infrastructure nationwide makes Southern California too big to ignore, despite high cost of energy and intense development oversight" (Commercial Observer)
What Los Angles Permitting Actually Costs in Housing Development "A new paper measures the cost of building permits in Los Angeles. Permitting adds a dollar for every three spent on construction." (Governance Cybernetics)
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