Quote:
Originally Posted by the urban politician
Just remember, guys, that most of these proposals are not going to happen for a while.
Developers see the political writing on the wall and are racing to lock in entitlements before Rosa, Sigcho-Lopez, and the rest of the douche parade forces steeper affordable housing requirements on everything. It's on its way, so if I were a developer now I'd do my best to lock things in under current law before it becomes cost-prohibitive to launch any new projects.
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I'm not sure what the answers are, but these zoning apps have slowed a bit especially since the pandemic. In no way is there some flurry of proposals here like you are implying.
In any case, the 140 N Ashland development would be positive for the area. Same company is already building around 500 units right nearby next to the park basically. For sure changes the kind of atmosphere around the park when all is said and done.
I'm sure the organization can open up in another decent location with the money they're getting from this.