Project Description

The proposed Amendment to the Earthquake Disaster Assistance Plan (Redevelopment Plan) for Laurel Canyon Commercial Corridor includes an eminent domain provision, Plan date extension, debt extension, tax increment extension, and debit limit increase. Implementation of the proposed Amendment to the Disaster Assistance Plan for the Laurel Canyon Commercial Corridor will permit demolition of an existing public park and development of a new public park, 777,142 square feet of commercial uses at the Valley Plaza site, and 742 multi-family residential units together with the new park at the Laurel Plaza site.

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