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Desperately Seeking Clean Tech

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The Community Redevelopment Agency is rushing to bring tenants to its CleanTech Manufacturing Center downtown now that rail firm AnsaldoBreda's deal with Metro has fallen through and the company has pulled out of their planned lease at the site. The Downtown News reports that the CRA and the mayor's office are both trying to find replacements, preferably ones who will bring good jobs to the city. AnsaldoBreda was self-financed and shovel-ready, and the paper quotes Jack Kyser, chief economist for the Los Angeles Economic Development Corporation, on the biggest problem with bringing in someone new: "The only limiting factor would be financing. There’s nothing available and it doesn’t look like there will be anything available for at least a year." [Downtown News, image via]