Monday, January 28, 2008

SunQuest industrial park

In 2001 an agreement was reached for the redevelopment of an environmentally contaminated industrial site in Los Angeles. The city agreed to provide environmental remediation, and the developer committed to such terms as paying living wages, hiring local residents and setting up a neighborhood improvement fund. Unfortunately, plans for the SunQuest industrial park project were tabled after the developer went bankrupt, and the foreclosure cancelled the CBA. As of early 2008, it is unclear exactly how the property will be developed.

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