A Quarter of a Million New Homes: Concept paper exploring the redevelopment existing, rent-stabilized housing sites at higher density, to meet LA City's mandate to allow construction of 255,433 new homes, including 130,553 units for lower-income households.
The Beverly-Virgil project area does not have a well-ordered pattern of land use or a clear economic trajectory that suggests an “obvious” economic development strategy. Many parts of the project area are physically inhospitable, with intense traffic, stark security fences, and a general lack of amenities. One of the challenges for redevelopment is to make the highly developed transportation infrastructure an asset that supports growth rather than a source of blight, and in particular to use the Vermont-Beverly subway station to leverage desirable development. The residential population within the project area appears to be too sparse to participate in neighborhood planning; another challenge for redevelopment is to create future possibilities for a more cohesive community.
The South Bay Economic Adjustment Strategy has been prepared to help elected officials, public sector staff, business leaders, and citizens take coordinated, effective action to recover jobs lost because of defense cutbacks. The strategy has been prepared under a grant from the Office of Economic Adjustment in the Department of Defense that was administered by Los Angeles County’s Community Development Commission.