Real Estate/Development
May 17, 2012
Some development under cloud of uncertainty
In the aftermath of California's decision to disband redevelopment agencies, some land-use lawyers say they're more worried about what the future holds for projects that depend on redevelopment dollars.
Daily Journal Staff Writer
In the aftermath of California's disbanding of redevelopment agencies, builders and their attorneys knew they'd have to cope with a lot of unanswered questions.
They thought they'd rest easier once oversight boards tasked with supervising the closure of the 400 agencies began scrutinizing terms of projects already in the pipeline to see if they constituted "enforceable obligati...
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