Sunday, October 23, 2016

Fatal shooting in El Sereno; $1 billion Olympic Village proposed for Lincoln Heights rail yard; Chinese developer buys Echo Park-adjacent site

MOrning Report

  • A 27-year-old man was killed in El Sereno after being shot multiple times while walking in the 5200 block of Ithaca Avenue.  EGP News
  • The cost of building an Olympic Village on a Lincoln Heights rail yard for the 2024 games “may significantly exceed” the $1 billion estimates, city budget analysts warned. L.A. Now
  • A Chinese developer has purchased the site of Holy Hill Church, located between Echo Park and Chinatown, for $30 million and plans to build a mixed-use development on the Sunset Boulevard property. L.A. Business Journal h/t Curbed L.A.

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