Redevelopment

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Nine cities, including Glendale and Pasadena, filed a lawsuit this week to force the state to make good on millions of dollars for local officials to pay down debt and other obligations left over by the dissolution of local redevelopment agencies.
May 23, 2012 at 23:58 | Source: Glendale News-Press
What has long been considered an eyesore will soon become a centerpiece for redevelopment in Buffalo’s Central Park Plaza neighborhood. Mayor Byron Brown announced Friday that Strickler Development, an LLC solely owned by Louis Ciminelli ...
May 25, 2012 at 17:51 | Source: The Business Journal
A primal tug-of-war over billions of dollars in future property taxes is on. The state is yanking hard in one direction; local cities and counties are yanking hard in the other direction. Who will get the dough that used to go to redevelopment ...
May 23, 2012 at 06:55 | Source: Orange County Register
Chula Vista's Redevelopment/Successor Agency is not going out without a fight--a legal one. In April, a state-mandated oversight board convened to assume the task of dismantling the city's former redevelopment agency and paying out remaining ...
May 26, 2012 at 17:35 | Source: San Diego weekly Reader
The state’s dissolution of redevelopment agencies across California continues to drain money from the city of Napa’s accounts. Last week, the City Council took $1.41 million from its undesignated fund to provide cash flow to the Successor Agency that ...
May 21, 2012 at 23:54 | Source: Napa Valley Register
CHINO - The loss of the city's redevelopment agency has caused a $2.9 million shortfall that will largely have to be filled from its reserve funds, according to a preliminary budget review. City Council members were given the city's 2012-13 ...
May 26, 2012 at 14:01 | Source: Inland Valley Daily Bulletin
LONG BEACH - The North Village Center, the long-awaited 6.3-acre project along Atlantic Avenue that would feature housing, retail and a library/community center, is in limbo. The library's architect discussed the design with city leaders Friday ...
May 14, 2012 at 01:58 | Source: Long Beach Press-Telegram
LONDON, May 12 (UPI) -- The Summer Olympics will take place as scheduled, but London organizers say some of the major venues won't be open to the public for two more years. A pending redevelopment of the entire Olympic Park district will make ...
May 12, 2012 at 18:13 | Source: United Press International
Near the shell of the new Metro station in the median of the Dulles Toll Road in Reston, cranes tower over a yawning construction pit where a $750 million complex — including an underground parking garage, apartments, offices and a hotel — will rise.
May 26, 2012 at 19:37 | Source: Washington Post
Windsor this week reshuffled its budget to adjust for the loss of more than $2 million in redevelopment funds, avoiding layoffs and finding other ways to pay for some projects, such as a redesign of a key portion of Old Redwood Highway.
May 18, 2012 at 02:07 | Source: Santa Rosa Press Democrat