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numble.bsky.social @numble.bsky.social

LA Metro to approve K/E Line station development. 176 units (174 income-restricted), grocery store and retail space. $162m cost. Metro gets up to $8.475m rent (50% of $16.95 land value) and 15% of commercial rent (unless used for neighborhood services). boardagendas.metro.net/board-report...

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mar 16, 2025, 8:23 pm • 33 1

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taylorfife.bsky.social @taylorfife.bsky.social

Sure is a lot of parking for being on two rail lines!

mar 16, 2025, 9:13 pm • 1 0 • view
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Brianna @briannajegan.bsky.social

How many units on the County site?

mar 17, 2025, 12:23 am • 1 0 • view
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Sam Shapiro-Kline @originalssk.bsky.social

Given the high project cost I'm surprised Metro is recouping any $ value. I'm surprised this project is getting funded / moving forward at that cost to start with.

mar 17, 2025, 10:48 pm • 1 0 • view