Transit-oriented development is the city's top method for combatting the housing crisis, but experts say the city must reduce all regulatory barriers on housing development.
The Bagby Street project is the first of four Greenroads-certified sustainable roadway projects in the city and the first in the state to accommodate the needs of street users by providing pedestrian-friendly amenities.
The dearth of tech tenants in Downtown Los Angeles has slowed leasing activity, and while effective rents are still $30 per square foot, the low demand is expected to hurt rents this year.
Hackensack is currently in the midst of a renaissance targeting the downtown district that will bolster its population density,” says Gebroe-Hammer's Nicholas Nicolaou.