Gov. Gavin Newsom will attempt to expedite construction of a $2-billion residential and commercial megadevelopment in downtown Los Angeles, his administration is announcing Thursday.
The 7.6-acre project, named Fourth & Central, would bring 1,500 new homes, 410,000 square feet of office space along with retail, restaurants and a 68-room hotel to what’s now a collection of cold storage facilities, parking lots and warehouses in Skid Row near its boundary with the Arts District. Newsom’s decision Thursday aims to shave years off the construction timeline by fast-tracking a judicial decision in any litigation filed against the project under state environmental laws.
Read more at the Los Angeles Times.