The LA Times has finally solved the mystery as to why LA Community Redevelopment Agency CEO Cecilia Estolano stepped down late last year. According to The Times (and Curbed LA), Estolano warned LA mayor Villaraigosa that she would resign before moving her agency to a building on the western edge of downtown, which the mayor had requested. ‘The mayor may want to know that he will lose the CEO of his CRA/LA over this,” Estolano wrote in one memo. The paper said that “Villaraigosa’s executive team was baffled by Estolano’s defiance and asked for her resignation.” In an interview with the Times Estolano disputed the claim that she was pushed out. Either way, she’s one of several top officials to leave or be pushed out by the mayor in his final term, as the story states. It’s a wild, uncertain time here in LA.
On Tuesday night AN, Gensler and the California Real Estate Journal (CREJ) hosted our panel discussion, Upending The Downturn at the Poliform showroom in Beverly Hills. Participants did their best to keep the tone positive, and suggested tips for surviving, and even excelling, during the recession and beyond. Most hinted that we’re almost out of the woods. Potential bright spots for architects and builders included affordable housing, government work (including slowly-moving stimulus-related projects), sustainable projects (including work in LA’s new Clean Tech corridor), health care, and design/build . Some even suggested that small projects are getting financing, and that larger ones should by the end of the year. The recession, one panelist pointed out, will be announced officially over in September. What?? And more good news: co-moderator Jennifer Caterino of the CREJ, noted that according to the Commerce Department US Construction spending rose .3 percent in June. What’s next? Constant sunshine? Oh yeah, it’s LA. There is constant sunshine.