Previously mentioned on the site, the planned Wilshire-Barrington project, a 78-unit condominium development, is also seeing delays. Per a reader, the dirt is just sitting there and nothing is happening. It's the "restructuring the financing" snag. "The land is clear, the permits are ready to issue," Tim Meier, director of development at California Landmark tells us. "We have our construction financing all set to go, but we're doing a re-capitalization of the partnership equity." Alrighty, then! Meier said construction on the building, which'll have a 2,500-square-foot restaurant on the ground floor, would start by June.
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