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Downtown Projects High on CRA's List to Save

By Eric Richardson
Published: Thursday, January 20, 2011, at 09:50AM
Case Hotel Eric Richardson

The Case Hotel at 11th and Broadway is targeted for affordable senior housing in the CRA's list of Downtown projects.

On Tuesday, City Council delayed action on a plan to lock down nearly a billion dollars in redevelopment funds threatened by Governor Jerry Brown’s proposed state budget. The item, hastily approved on Friday by the Community Redevelopment Agency board, would have transferred administration of hundreds of redevelopment projects to the city.

A project list submitted as part of the item featured scores of Downtown items, including many that may be below the radar of even plugged-in observers of the neighborhood.

Star Apartments

$1 million is earmarked for a four-story affordable residential structure that Skid Row Housing Trust hopes to build over an existing one-story retail shell at 6th and Maple. The building is being designed by Michael Maltzan, the architect who won awards for his work with the Trust’s Carver Apartments at 17th and Hope.

Case Hotel

$3 million is set aside for conversion of the YWCA’s current Job Corp dormatory to housing for seniors by SRO Housing Corp. The 1923 building at 11th and Broadway—the original home of the Los Angeles Press Club—is on the market, listed for $11.8 million.

Morrison Hotel

$7 million is listed for conversion of the Morrison Hotel—famously pictured on a 1970 album by the Doors—into affordable housing for artists. The building at Pico and Hope currently sits empty.

“Fashion District Development Sites”

A hefty $15 million is earmarked to “assist in private development of City Markets Site and LAUSD site.”

Two massive pieces of real estate in the southern reaches of the Fashion District, the City Market site stretches from 9th to 11th between San Julian and San Pedro, while LAUSD’s underused parcel takes up the blocks bounded by Pico, San Julian, 15th and San Pedro.

Olympic Grand Linear Park

The proposal may have missed out on Proposition 84 funding, but the CRA is still counting $1.5 million toward the creation of a block-long strip of park space next to the Federal Reserve in South Park. The project would be 500 feet long and 20 feet wide. Plans put together a year ago show the space with a water feature, plantings, seating spaces with WIFI and an area for dogs.

Third Street Public Improvements

$3 million is marked down for streetscape improvements along 3rd Street in Little Tokyo. Stretching from Los Angeles to Alameda, the agency proposes to include “crosswalks, lighting, landscaping, street furniture, fitness elements, gateway markers, and information and way-finding signage.”

The full list .

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Conversation

User_32

Ken Hall on January 20, 2011, at 05:30PM – #1

I have a question...If I am already living in an affordable (moderate income) apt unit that was built using some CRA funds, Does this mean that if the CRA is dismantled, will I loose my affordable rent as well???


User_32

on January 20, 2011, at 10:44PM – #2

Ken...no it doesn't. Your unit would be protected even if Brown gets his way.

The owners of your home are bound by contracts that were recorded with Los Angeles County. You may want to check into how many years they have to keep the building or the particular number of units affordable, but they're typically for 55 years.

This is why the CRA and other redevelopment agencies are now scrambling to enter into agreements for their projects...to shield them from the governor's proposal.



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