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Thursday, September 29, 2016

It’s all about real estate today in Echo Park *

The real estate market is still limping along. But, at least for today, Echo Park real estate development and policy takes center stage at public meetings over projects near Echo Park Lake and Elysian Park.

This afternoon, the city council’s Planning & Land Use Management Committee will consider proposed guidelines * to protect the historic features and size of homes and buildinage). Hospital officials say they need to develop the property as part of an effort to raise more than $100 million to build a new facility that meets new state standards. The 7 pm meeting at Williams Hall, 2000 Stadium Way, is being held to collect public responses to a preliminary report on the impact the project will have on the environment, which includes everything from traffic to landmark structures (read a recap of the meeting).

Barlow’s proposal, which would rank as one of the community’s single largest residential developments, comes as the Dodgers work on their $500 million plan to build a retail center and museum (bottom image) on the stadium parking lots near the Barlow property. Stay tuned for more meetings.

Related story:
* Echo Park residents scope out Barlow Hospital plans. Eastside Citizen



* Update & Correction: The Foursquare Foundation has withdrawn its request to be exempted from some development restrictions, according to Julie Wong, spokeswoman for Councilman Eric Garcetti. Meanwhile, the Planning and Land Use Management Committee approved the design guidelines for the blocks north and west of Echo Park Lake. Previous versions of this post gave the wrong address for the Barlow meeting tonight. The correct address is 2000 Stadium Way.




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