In LA, Conflicts Arise Despite A Resurgence In Development

Law360, New York (May 12, 2014, 7:04 PM EDT) -- Los Angeles has seen a resurgence in development, with residential and hotel projects popping up across the city's downtown core, but underneath that activity is a fundamental tension between developers and the city over just how high Los Angeles should be built, lawyers say.

The city — which had earlier seen a flight away from its central district — is in the midst of a renaissance, many real estate lawyers say, with growing numbers of residents seeking to live in its downtown core. But although developers are again active in Los Angeles, they remain skittish about high-rise construction due to concerns...

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