LOS ANGELES-One of the most sweeping and hotly contested anti-sprawl measures in California history could be signed into law as early as this week by Governor Gray Davis

The measure was approved late last week, as the 2001 state Legislative session came to a frenzied midnight close that found lawmakers voting on hundreds of issues—some of which they had barely studied. Davis has indicated that he will sign the bill, which would require builders whose projects would include more than 500 homes to first show that there would be enough water for their development’s residents.

Yet, the plan goes far beyond residential real estate. Large hotel projects would be subject to the new water-related requirements, as would new businesses that want to erect a headquarters complex or industrial facility that would employ more than 1,000 workers.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.