JV Plans 4,000 Affordable Units in L.A., Starting With Former World Trade Center
AI Summary
Kennedy Wilson and Jamison have launched a joint venture to develop around 4,000 affordable housing units in Los Angeles, starting with a redevelopment at the former World Trade Center site. This initiative coincides with the upcoming implementation of a major California housing bill aimed at expanding affordable residential options.
A day before a major California housing bill goes into effect on July 1, two prominent commercial real estate firms announced a partnership to build thousands of new apartments in Los Angeles. Global investment firm Kennedy Wilson and Jamison, perhaps L.A.’s most active adaptive reuse firm, on Tuesday launched a joint venture with plans for […]
Politics Deals Real Estate Kennedy Wilson Jamison joint venture affordable housing Los Angeles World Trade Center California housing bill real estate development