THE END OF REDEVELOPMENT and PUBLIC-PRIVATE PARTNERSHIPS
Abolition of redevelopment agencies in California by the State legislature has dramatically changed the economic development landscape and imposed many new issues on local governments and the successor and oversight agencies which have been created to wind down the agency functions. Yet, the redevelopment plans created by these agencies continue in effect.
In this new environment, local governments find themselves wearing many hats - many are in the position of successor agencies with the responsibility to unwind years of redevelopment activity. Los Angeles, which declined to become a successor agency, finds itself subject to a governor-appointed committee that wields substantial land use authority in the City by virtue of the land use regulations in the existing redevelopment plans.
We are utilizing our many years of experience in redevelopment and local land use law to counsel clients on how to proceed in this new regulatory environment and tracking the continuously changing landscape.
As new economic development scenarios unfold to replace redevelopment, our attorneys will bring to this evolving transactional and legislative arena their many years of expertise in public-private partnerships. This includes negotiating and entitling transit-oriented developments adjacent to rail, bus and ferry lines, development of master planned communities and military base redevelopment.