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Should L.A. legalize street vendors? Stakes are high for shop owners  September 25, 2015 LA Times
Owners of brick-and-mortar businesses, existing street vendors, councilmembers, and community members weigh in on the prospect of legalized street vending in L.A. Carol E. Schatz says, "It defies logic to say that 17 inspectors and no additional LAPD officers can truly govern 500 miles."  View the original article.

Street vending supports big industry in L.A., despite being illegal September 4, 2015 KPCC
Street vending has its support but also its opposition, particularly from brick-and-mortar business owners. Carol E. Schatz says, "We consider every small business that has opened a small miracle. To have someone able to set up in front of that business, possibly selling the same merchandise or food that is sold within the brick and mortar business, is direct competition and unfair competition, because street vendors don't pay rent."  View the original article.

A Bigger BID in South Park  September 2, 2015 LA Downtown News
South Park Stakeholders Group has announced it is forming South Park II, a new BID which will provide cleaning, safety, and other services. "So much of the economic vitality that one sees in South Park today can be attributed to its well-executed BID, which includes a thoughtfully balanced approach to development," says Paul Keller of Mack Urban  View the original article.

Vacant Herald Examiner building in downtown L.A. to be converted to mixed use  September 1, 2015 LA Times
CCA member Hearst Corporation has teamed up with New York developer The Georgetown Company to redevelop the Herald Examiner building into restaurants and office space. "It's been asleep a long time. It's time to wake her up," says Steve Hearst of Hearst Corporation. View the original article.

250-room W Hotel to be built in downtown L.A.  August 18, 2015 LA Times
CCA member Shenzhen Hazens Real Estate Group announced W Hotel as the operator of the location across Figueroa from L.A.Live, currently occupied by Luxe City Center Hotel.  View the original article.

In downtown LA, residential building trumps commercial  August 7, 2015 KPCC
Dominic Ng, chairman of CCA member East West Bank, recalls, "Nobody was willing to [turn office buildings into condos] because they said it's impossible to turn downtown into a residential area. "Bradford McCarthy, Senior Vice President of CCA member CBRE, adds, "The passing of the Adaptive Reuse Ordinance in 1999 has allowed old buildings to transform into new housing, making downtown L.A. a true residential market."  View the original article.

U.S. Bank Tower owner plans to build a rooftop observatory for tourist  July 14, 2015 LA Times
Lucy Rumantir of CCA member OUE Limited says, "I am sure that we are the only destination that will offer 360-degree views of L.A."  View the original article.

DTLA Construction Booms Across All Sectors  July 7, 2015 Globe St.
"At the highest level, urban lifestyle is becoming increasingly appealing. Millennials want an urban lifestyle is becoming increasingly appealing. Millennials want an urban lifestyle. In downtown specifically, it is that increasing desirability that is fueling construction; it is one of those things that is building on itself, the more people that move downtown, the more amenities come in," says Nicholas Griffin of CCA member Downtown Center Business Improvement District.  View the original article.

As Crime Surges, Downtowners Worry July 28, 2015 LA Downtown News
"We know the police are committed to dealing with {the increased crime rate}. but frankly, a lot of their efforts are hampered by the prison reform legislation," Carol Schatz.  View the original article.

City Council president says L.A. lacks job creation plan, orders new panel to boost employment July 1, 2015 Daily Breeze
L.A. City Council President Herb J. Wesson scruntinzies Mayor Eric Garcetti's record on job creation and L.A.'s lack of a job creation plan. Carol E. Schatz says, "There is great concern and disappointment with the mayor's agenda for business." View the original article.

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