Transit-oriented development is driving multifamily projects in Los Angeles. Developers are increasingly chasing density bonuses near rail stations in the hope that renters will flock to the new residences for walkability and transit convenience, L.A. Business First reported. The financial reprieves from permitted upzoning through Los Angeles’ Transit-Oriented Communities Incentive Program have attracted developers looking to get shovels in the dirt faster. The program has “supercharged housing production” across the city, Martin Leitner, a principal at Nadel Architects, told L.A. Business First. At the end of 2024, L.A. Metro found that more than 110 projects were in development through the […]
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