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Article: Letter to the editor.(Letter to the Editor)
- Article from:
- California Planning & Development Report
- Article date:
- April 1, 2005
- Author:
CopyrightCOPYRIGHT 2005 California Planning & Development Report. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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I've just read the Places article about Santa Monica in the February CP&DR. Morris Newman wrote, "Seeking to maximize its public investment, the city wants to build one or two 12-story residential buildings along the avenue."
The city has made no such decision, nor is it seeking a financial return on its investment. The city used redevelopment dollars to purchase the RAND site. Under state law, at least 20% of the value of the project must be dedicated for affordable housing. (The city voluntarily increased this minimum to 30% when it purchased the land.) Accordingly, a residential village has been proposed in the draft Civic Center specific plan.
The ...