On October 19, LAUSD is hosting an architecture, engineering, and construction careers event next to Sunrise Elementary School in Boyle Heights from 9 am to 1 pm. The event is intended as an opportunity to network, recruit talent, and expose young people to careers in the architecture, construction, and engineering field. Check out the flyer for more information.
LAUSD
On October 8 and 9, Metro will hold three meetings to to discuss the Vermont Transit Corridor Project, which is set to upgrade bus service along Vermont Avenue from Los Feliz in the north to Athens in the south. Items on the agenda will be near-term bus service improvements set to arrive in 2025, and bus rapid transit service set to follow by 2028.
Check it out here:
- Tuesday, Oct. 8, 10 a.m., Irmas Youth Center, 11911 Vermont Avenue, Los Angeles, CA 90044
- Tuesday, Oct. 8, 6 p.m., L.A. City College Student Union Room A, 798 N. Heliotrope Drive, Los Angeles, CA 90029
- Wednesday, Oct. 9, Noon, register to attend at https://bit.ly/3TsH52y
Rendering of a BRT stationMetro
Here's what we're reading this week:
Eyes on the Street: New Modular Curbs on Main Street Protected Bike Lanes "Hopefully these quick-build improvements will prove effective on Main, and can be expanded to other protected bikeways throughout the city" (Streetsblog LA)
Gov. Newsom signs bill extending alcohol sale at private Clippers' arena club until 4 a.m. "A lobbyist at the center of the governor's infamous COVID-19-era dinner at the French Laundry lobbied Gavin Newsom to sign the law, sources say." (KCRA)
Raymond Chan, ex-LA Deputy Mayor linked to Huizar bribery scheme, gets 12 years in prison "Disgraced former Los Angeles Deputy Mayor Raymond Chan was sentenced today to 12 years in federal prison for acting as the intermediary in convicted ex-Councilman José Huizar's City Hall pay-to-play scheme with downtown high-rise developers." (ABC7)
Aerial view of Intuit Dome, July 2024Los Angeles Clippers
State attorney general wants L.A. to redraw council districts, confidential document says "The draft legal document prepared by Bonta’s office, a copy of which was reviewed by The Times, would require the city to finalize new council district maps in time for the 2026 primary election. Council members would be barred from considering their own political fortunes when approving those maps, the confidential document said." (LA Times)
California Governor Signs AB 761 to Revamp Enhanced Infrastructure Financing Districts "The City of West Hollywood applauds California Governor Gavin Newsom for signing AB 761 by Assemblymember Laura Friedman (D-44th District) – Local Finance: Enhanced Infrastructure Financing Districts – which extends the life of Enhanced Financing Infrastructure Districts (EIFDs) to 75 years from the current maximum term of 45 years. This extended period aligns with the repayment terms of federal Transportation Infrastructure Finance and Innovation Act (TIFIA) loans. Such loans can serve as a vital source of capital to fund the local portion of the Metro K Line Extension to accelerate construction and bring Metro rail service to West Hollywood sooner than the originally projected date of 2041." (Weho Times)
In escalating fight, Newsom takes away defiant Norwalk’s ability to kill large housing projects "As a result of the Newsom administration’s actions, Norwalk officials will no longer have a say in plans by developers to build large apartment projects in parts of the city where local zoning restrictions normally wouldn’t allow them." (LAist)
Union Bank Plaza, viewed from across the 110 FreewayWikimedia Commons
Downtown L.A.’s Union Bank Plaza Sells for $80M "Southwest Carpenters Pension Trust plans to use a large portion of the landmark 40-story tower....'The buyer acquired an institutionally renovated office tower at approximately $100 per square foot, factoring in the value of the substantial adjacent development parcel that provides future upside potential...The buyer will also occupy a significant portion of the building, effectively fixing their long-term operating costs.'" (Commercial Observer)
Google Renews 196,238 SQFT Irvine Lease Amid Office Market Uncertainty "During the third quarter, Google renewed its 196,238-square-foot lease at the 573,000-square-foot office campus the tech giant has occupied since 2014. Google’s decision marks the largest lease transaction in Orange County for the third quarter of 2024, a period of surging leasing compared to the previous quarter." (Registry)
LA office leasing hits post-pandemic high, up 27% from a year ago "Monthly rates hold steady at $3.90 psf, but it’s unclear if market 'has turned the corner'" (The Real Deal LA)
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