COMMENTARY
ENTERTAINMENT
PEOPLE IN THE NEWS
IDEAS ARE THE EASY PART PAGE 5 TINTIN COMES TO USA PAGE 13 COLDPLAY TO GUEST FOR BEATZ PAGE 17
FRIDAY, MARCH 9, 2007
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Volume 6 Issue 100
Santa Monica Daily Press
INDIAN WELLS BURN SEE PAGE 15
Since 2001: A news odyssey
THE DESPERATELY SEEKING DON HO ISSUE
TECHNOLOGY
FROM THE MOUSE OF GOD COMMUNING WITH THE LORD TAKES ON DIFFERENT FORMS WITH ADVENT OF TECHNOLOGY
STORY PAGE 6 Photo illustration by Tessa Vergara tessav@smdp.com
City Hall snatches up prime props BY KEVIN HERRERA Daily Press Staff Writer
DOWNTOWN While the real estate market may have cooled in recent months, City Hall has been heating up, shelling out more than $70 million on large parcels that may one day become parking structures, mixed-use developments, or light-rail terminals to enhance public transit. In the last year and a half, the City Council has approved or authorized the purchase of 181,300 square feet in the downtown area. Properties include, but are not limited to, the Sears auto shop on Colorado Avenue and Carlson’s Appliances in the 1338 block of 5th Street.
Most recently, the council authorized the purchase of the temporary Main Library site at 1324 Fifth street, along with three other parcels nearby, for roughly $30 million. The seven lots consist of 52,500 square feet, according to Miriam Mack, economic development director for City Hall. “We are not in the business of scanning the market, looking to buy properties,” Mack said. “There must be some kind of public need, which would cause us to look.” The council has become an active participant in the real estate market because of a growing need for more parking and other amenities downtown, which has seen a dramatic
Gary Limjap (310) 586-0339
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increase in the number of condominiums and apartments within the last five to 10 years. More housing means more people, who demand more services. Parking seems to be the biggest one of them all. The council convened a downtown parking task force which recommended purchasing large parcels for future parking structures. While future uses for the parcels have not yet been identified, there are those who are leaning towards more parking, particularly downtown business interests and residents who have a difficult time finding parking on the weekends.
Fabian Lewkowicz fabianl@smdp.com
BUILD UP: The property at 1632 Fifth St. may be utilized in a
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