The Los Angeles developer of Marlton Square, a retail and housing redevelopment project entered into a CBA in 2002. The deal in that case included provisions relating to the creation of community spaces, a first source hiring policy and a commitment to reaching a seventy percent living wage goal. Although the project was approved and received subsidies in 2002, it has had a number of false starts and has had difficulty attracting retail tenants. Some housing has been built, but as of late 2007, the bulk of the project was still “delayed” and it is unclear whether any of the CBA’s provisions have been fulfilled.
Text of the Marlton Square CBA is available here.
No comments:
Post a Comment