Perspective
Nov. 13, 2009
Jump-starting Stalled Redevelopment Projects
Ruthann Ziegler and Kevin Gilbert of Meyers Nave explain why cities must work on reviving faltering redevelopment projects.
By Ruthann Ziegler and Kevin Gilbert
The worst recession in decades, coupled with severe downturns in commercial and residential real estate markets, has hit California especially hard. As the state struggles with the impact of the slump, California's towns and cities face another challenge. Across the state, crucial redevelopment projects are being jeopardized as property values plummet and developers walk away. For cities hoping to revitalize blighted areas, stalled red...
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