By Bill Adams / UrbDeZine
In the wake of California’s now defunct redevelopment program and the 2008 real estate collapse, examples abound of demolished or shuttered buildings, where property owners received entitlements to build projects for which they had not secured funding.
Sometimes, project funding was unlikely in the first place. In cases in which a project requires significant variances or zoning amendments, wariness is warranted that the project is a “trojan horse” – far different than what will actually result.
This article is a case study of an active proposal, which has many of the symptoms of a trojan horse project.
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