Transit Oriented Development a Huge Failure

Mayor Villaraigosa’s promise of “elegant density” is falling flat on its face. The labor union Unite Here Local 11 has drawn attention to troubled sales at the new W Hollywood Residences, and warns buyers and real estate agents of the luxe condos’ sharply declining prices. According to county assessor figures only 29 out of 143 units have sold since the condo/hotel project opened in May 2010.

Transit Oriented Development a Huge Failure

 

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  1. Pingback: Why are some people anal about city development? Such as Hollywood residents? - Urban, city, town planning, land use, zoning, transportation and transit, environmental issues, urban design, community development, subdivisions, revitalization - Page 3 - Ci

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