Skyscrapers encouraged: Development near transit in California’s biggest cities poised for major boost from new bill
Transit-oriented development in major cities across the Golden State is poised to take a much firmer shape with a piece of legislation that could help municipalities close the gap between housing demand and state-mandated planning goals. Assembly Bill 2074, dubbed the Downtown Revitalization Act, is quickly working its way through the state legislature. The California State Assembly passed the proposed law in a 55-5 vote on May 28 and the State Senate amended and referred it to the Senate Housing Committee last week. Authored by Assembly member Matt Haney of San Francisco, AB 2074 would supercharge housing development in seven […]This article originally appeared on The Real Deal. Click here to read the full story.
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