@mnolangray Another factor is leases of small stores have provisions for rent cuts or to exit the lease if an anchor store closes. So if Macys closes but retains the lease, other shops have the right to leave as well, and then the mall operator may depend on Macys to approve new leases
@mnolangray I’ve worked on redevelopment of a few malls. Cross parking easements benefiting many tenants (big box and otherwise), makes development of out parcels uniquely challenging. Another factor which ties to anchor tenants is that some were given below market rent, so why close shop
@mattyglesias Another realistic explanation is that the protests were a foreign influence campaign.
They ended because foreign entities stopped organizing them.
@mattyglesias The county has a no growth ordinance preventing new municipalities from being formed (I believe a voter referendum). Therefore they need to annex into an existing city, which still needs to be approved by the county but is a lower bar. See the other comment on LAFCO.
@ZaxxonGalaxian@hecubian_devil San Francisco gets close to LA but also has a good amount of open space in this area (golden gate park, the presidio, twin peaks, etc)
@CSElmendorf@BuffyWicks@Scott_Wiener Got it, I thought some CEQA reform was in the budget bill itself, but all of the reforms are actually in the trailer bills it sounds like. There were some talks about reforms going into effect immediately once signed by the governor
@Jessica925cre When it gets leased, what is the use?
What are the traits of spaces that get leased vs not (size of space, dimensions like depth, HVAC set up, density in surrounding areas, TOD)?
@ClarenceWongCRE@jandreini1 It was probably rezoned residential, and if a commercial use ceased for 6 months special approvals would be required to continue the non-conforming use.
@CjgbVictoria @TalktoARYZE Abolishing parking minimums is about the opportunity cost of building parking spaces instead of units. This is a market by market consideration because in some areas you can’t market units without parking.