A development fund co-founded by ex-Laker Earvin "Magic" Johnson sees potential for commercial development in inner-city neighborhoods.
Commercial developments in inner-city neighborhoods, once overlooked by investors, are becoming increasingly attractive as the Canyon-Johnson Urban fund has "proven that there is money to be made in what seem to be forgotten and rundown urban areas," says John Shirey, executive director of the California Redevelopment Assn.
Thanks to Adam Christian
FULL STORY: More Real Estate Investors Believe in Magic in Inner City
Alabama: Trump Terminates Settlements for Black Communities Harmed By Raw Sewage
Trump deemed the landmark civil rights agreement “illegal DEI and environmental justice policy.”
Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.
The 120 Year Old Tiny Home Villages That Sheltered San Francisco’s Earthquake Refugees
More than a century ago, San Francisco mobilized to house thousands of residents displaced by the 1906 earthquake. Could their strategy offer a model for the present?
LA’s Tree Emergency Goes Beyond Vandalism
After a vandal destroyed dozens of downtown LA trees, Mayor Karen Bass vowed to replace them. Days later, she slashed the city’s tree budget.
Sacramento Leads Nation With Bus-Mounted Bike Lane Enforcement Cameras
The city is the first to use its bus-mounted traffic enforcement system to cite drivers who park or drive in bike lanes.
Seattle Voters Approve Social Housing Referendum
Voters approved a corporate tax to fund the city’s housing authority despite an opposition campaign funded by Amazon and Microsoft.
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