LA Planning Commission Greenlights NBCU's $1.6B Expansion

Law360, New York (September 28, 2012, 7:08 PM EDT) -- The Los Angeles City Planning Commission reportedly gave NBCUniversal Media LLC an important nod on Thursday night for its long-in-the-making $1.6 billion campus expansion, after a few eleventh-hour concessions were made.

Commission members gave their approval for the media company's plans to bring more than 6 million square feet of new development to the Los Angeles area after it agreed to several new concessions, including more than $3.3 million for bike-related improvement projects, according to a Los Angeles Times report. The vote to recommend the project...
To view the full article, register now.