Held Up: Stalled Projects at CRA/LA
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West | Wednesday, July 13, 2011 | Sam Lubell.
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Improvements to the Nate Holden Performing Arts Center are now on hold pending resolution of the CRA/LA's status.
On Monday we reported that redevelopment agencies around the state have had to put the brakes on upcoming projects until their uncertain futures are sorted out. Because of recent state legislation cities will have to pay their share of $1.7 billion by this fall in order to preserve their respective agencies. Here’s a good example of the impact. CRA/LA has provided us a list of more than 20 current projects put on hold since the passage of the new legislation. They include the following:
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