The Crescent project in Beverly Hills
The Commercial Investment Real Estate Magazine focuses on transit oriented development in its latest issue and decides to take a gander at J.H. Snyder's NOHO Commons project in North Hollywood. No real news from the article, but the retail portion of the project is now 80 percent leased with a 32,000 square foot HOWS Market and a Coffee Bean & Tea Leaf set to open this year.
· Traveling Among the Stars [CIRE Magazine]
More J.H. Snyder news with the completion of the Crescent luxury apartment and office project in Beverly Hills this week. The Crescent is the "first rental apartment complex" project in the City of Beverly Hills in the past 25 years. We have a feeling we won't be able to afford the rent.
· Snyder Opens Crescent Development [GlobeSt.com]
Turn the bulldozers loose! Playa Vista, Phase II seems to be getting a reprieve from the deadly supplemental environmental impact report that threatened to slow development to a crawl. Councilman Bill Rosendahl's request for the supplemental EIR was rejected by his compatriots on the City Council - a rare occurence, indeed. The entire issue revolved around the threat of that wacky methane gas underground that tends to blow up when you least expect it. Phase II will add 2,600 new residential units to the Playa Vista landscape.
· Builders Won't Have to Submit Report [LA Times]
The O.C. Weekly thought they'd found a fool-proof way to find cheap housing in Orange County - cross reference FBI crime statistics for the most crime ridden area of the county with single-family home listings in those areas. What did they turn up? A $495,000 murder shack in a "stabby" neighborhood in Santa Ana.
· It's a Crime [OC Weekly]