Brookfield’s Downtown Los Angeles Office REIT Defaults on Office Tower Loans "Brookfield DTLA Fund Office Trust Investor Says It Hasn't Paid As Required on Two Buildings" (CoStar)
Krekorian and Other Leaders Break Ground on Chandler Bikeway Mini-Parks Project "The two new mini-park areas are located along the Chandler path, at Satsuma and Cartwright Avenues. They are both between Cahuenga Boulevard and Vineland Avenue, just a short walk or ride east of the North Hollywood Metro Station." (Streetsblog LA)
Aerial view of Culver Crossings campus looking southeastGensler
As Hollywood invades Culver City, some residents push back against gentrification "But while Culver City has been blessed with robust job growth, its housing inventory has not kept pace. From 2007 to 2017, Culver City added roughly 12,100 jobs but issued permits to fewer than 200 new housing units, according to a 2019 report by the Southern California Assn. of Governments." (LA Times)
California’s population dropped by 500,000 in two years as exodus continues "California has been seeing a decline in population for years, with the COVID-19 pandemic pushing even more people to move to other parts of the country, experts say. The primary reason for the exodus is the state’s high housing costs, but other reasons include the long commutes and the crowds, crime and pollution in the larger urban centers. The increased ability to work remotely — and not having to live near a big city — has also been a factor." (LA Times)
Are LA bus riders protected from extreme heat? "In an observational study of 244 bus stops led by Investing In Place, observers noted the presence of shade at only a quarter of the stops. In part, a patchwork of governance at bus stops creates this absence. Cities and the county are responsible for bus shelter implementation, while more than 60 transit agencies provide bus service in the county. " (UCLA Lewis Center)
LA wins again in the battle for light-rail dollars; Inland cities demand answers The perpetual effort to extend the L Line into San Bernardino County lost out in a recent bid for state funding, while plans for a People Mover in Inglewood got a big check (San Gabriel Valley Tribune)
Proposed route for the Brightline West systemBrightline West
Brightline West agrees to build wildlife crossings along I-15 "Brightline West plans to construct an $8 billion, 218-mile high-speed rail system connecting Las Vegas and Southern California. Plans call for rail stations in Las Vegas and Rancho Cucamonga, Hesperia and Apple Valley in California. Riders would be able to connect to and from Los Angeles at the Rancho Cucamonga station, via the Metrolink rail system." (Las Vegas Review Journal)
Flooding Shuts Down Elevators in LA Jail, Delays Court Hearings And Visitation "Two separate flooding incidents in August at the troubled Twin Towers Correctional Facility damaged the facility's elevators, collapsed part of an office ceiling, and prevented incarcerated people from going to court and seeing family members." (LAist)
Huntington Beach vows to continue housing fight, despite state warnings "Huntington Beach City Atty. Michael Gates said at a news conference Tuesday that his office was preparing a lawsuit against the state, challenging the state’s Regional Housing Needs Allocation mandate of 13,368 units. He was authorized to do so at the Dec. 20 City Council meeting on a 4 to 3 vote." (LA Times)
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