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Los Angeles Council Advances Four-Story Low-Rise Ordinance to Defer SB 79 Upzoning Until 2030

The Los Angeles City Council voted 13-0 to advance a new Low-Rise Ordinance that permits buildings up to four stories in 57 neighborhoods...

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AECFeaturedIndustry NewsLos AngelesResidential

Los Angeles Mounts Three-Front Resistance to SB 79, Pushing Compliance to 2030

City Council’s Alternative Plan, an LA Metro Board exemption push, and a pending Senate carve-out bill combine to delay California’s flagship transit housing...

Downtown Los Angeles Arts District
CommercialFinanceIndustry NewsLos Angeles

LADWP Proposes $92.5MM Acquisition of 719,000 SQFT TCW Tower From Manulife US REIT in Downtown Los Angeles

The municipal utility’s deal to purchase the half-vacant South Park high-rise at $129 per square foot adds to a growing pattern of government...

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FeaturedIndustry NewsLos AngelesResidential

LA City Council Unanimously Approves Scaled-Back Density Plan to Delay State-Mandated Upzoning Under SB 79

Council selects least ambitious of three options, permitting 4-story buildings across 55 low-density zones while deferring broader transit-oriented development mandates until 2030. The...

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Los Angeles City Council Approves 668-Unit Centro Westlake Tower Complex Above MacArthur Park Metro Station

Joint development between Walter J. Company and LA Metro advances one of the city’s largest transit-oriented mixed-use projects, bringing affordable housing, a 300-room...

Downtown Los Angeles Arts District
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Los Angeles County Multifamily Market Transitions as Development Activity Slows

A late-year construction pullback slowed supply growth, though rent growth and pricing remain constrained. By J.C. Casillas, Managing Director of Research at NAI Capital...

AECFeaturedIndustry NewsLos AngelesResidential

Los Angeles Codifies Fast-Track Approval for Affordable Housing Projects

City formalizes streamlined process that has already greenlit over 6,200 units since Mayor Bass’s 2022 emergency order Los Angeles is making permanent a...

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LA Metro Approves Dodger Stadium Gondola Amid Community Division Over McCourt’s Role

Local residents say opposition is less about the project than its controversial developer The Los Angeles County Metropolitan Transportation Authority certified an environmental...

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California’s Transit Housing Gambit: SB 79 Could Reshape Urban Development

Landmark legislation awaits Governor’s signature as state prepares to override local zoning near transit hubs After seven years of legislative battles and multiple...

AECIndustry NewsLos AngelesResidential

The Bloc’s $470MM Residential Tower Gets Green Light as Downtown LA Densifies

City Council approval caps four-year development process for 466-unit high-rise above existing shopping complex National Real Estate Advisors scored a major victory this...

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FeaturedIndustry NewsResidential

California’s Transit-Oriented Housing Bill SB 79 Passes Despite Local Opposition

Controversial legislation overrides local zoning to allow nine-story developments near transit hubs, setting stage for statewide housing transformation California lawmakers have approved one...

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AECCommercialFinanceIndustry NewsLos Angeles

Los Angeles Convention Center Expansion Faces Budget Issues as Costs Soar to $2.7B

Los Angeles is grappling with a financial crisis that threatens to derail one of its most ambitious infrastructure projects. The city’s downtown Convention...

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