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RossWatch: What Exactly is Casden Obligated to Build?

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Well, it's still not entirely clear. But you can bet that everyone involved will start lawyering up very soon, if they haven't already. Today's Los Angeles Times has more on Casden's Ross project, and why neighbors are upset a promised senior housing facility isn't being built. As part of a 1993 agreement, Casden was expected to put up the senior care center, but now the developer would like to build 150 senior units and 150 market rate units. Back in 2006, Casden offered a similar proposal for 300 units on the site, a deal that also riled locals at the time. So again, the developer's obligations under that 1993 agreement are likely to be questioned. Covering the story back in 2006, the Times cites a Casden attorney as stating that the City Council altered the zoning for the parcel, allowing for extended commercial uses (but more commercial was ultimately was never built). More from that 2006 story: "Casden Properties contends that the development agreement, which it inherited when it bought three parcels from Park La Brea, did not actually require the company to erect senior housing. Rather, the agreement was a comprehensive zoning plan for four different parcels within the neighborhood that laid out a variety of possible scenarios, the firm says. A huge office complex and a hotel were other prospective projects that have not been built." Meanwhile, back to today's story: City Councilman Tom LaBonge sounds like he's being pretty diplomatic for now. Renee Weitzer, chief of staff for planning for LaBonge, tells the Times that the Casden's new proposal "looks like a whole different project in our mind."
· Casden Properties proposes condo project near the Grove [LA Times]
· Condo Plan Riles Grove Area [LA Times]
· Rendering, Details of Ross Project [Curbed LA]

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