Does Luxury Housing Trickle Down to Affordable Apartments?
Professor Dana Cuff, director of A.UD’s think tank cityLAB, and alumnus Bob Hale, principal at Rios Clementi Hale Studios, weigh in on the question Can you create affordable housing by building luxury towers?
In Koreatown, activists are trying to stop a 27 storey tower on the site of 14 low-rise, affordable apartments. In Hollywood, some residents are trying to stop the towering Palladium Residences; others are trying to defeat eviction from old buildings whose owners want them rezoned as hotels and large towers.
And they are adding their support to the Neighborhood Integrity Initiative, a ballot box effort for a two-year moratorium on new projects that don't comply with the city's general plan. But planners and developers say this moratorium will stymie efforts to create much-needed affordable housing.
We visit the people at the heart of a development fight that brings up charges of soft political corruption and competing visions over the future of LA. — Mar. 8, 2016
Read the full article at the KCRW website.