City (Woodland Hills, CA) eyes housing limit

[question everything]

Los Angeles Daily News

City eyes housing limit

Zine: Warner Center expansion too fast

By Gregory J. Wilcox
Staff Writer

Wednesday, April 06, 2005 - WOODLAND HILLS -- Ambitious expansion plans for Warner Center that include hundreds of apartments and possibly an upscale hotel have prompted Los Angeles city officials to consider an emergency ordinance for an earlier cap on residential building limits.

Called an interim control ordinance, it would limit to 3,000 the number of apartments and condominiums that can be built immediately instead of in 2010 as set in the Warner Center Specific Plan.

Though the specific plan still has five years, developers have already built or been approved for more than 2,500 new residential units. That sparked concern at the Woodland Hills Warner Center Neighborhood Council, which asked City Councilman Dennis Zine to intervene. The council opposes three projects that will add 1,964 apartments in Warner Center.

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And it looks like however many units are built, while not affordable, will be attractive because home prices continue to rise. The Casden Real Estate Economics Forecast this week noted that the number of renters will increase as housing affordability worsens. And renting activity will pick up along with jobs.

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Gregory J. Wilcox, [phone] [e-mail]

http://www.dailynews.com/Stories/0,1413,200~20950~2800132,00.html#

[ET Awful]

1. I used to live right down the street from Warner Center

Woodland Hills was my last home in Cali. before I moved to Mass.

[ozymandius]

2. Good!

My in-laws live in a Warner Center condo. The area is too developed, impossible to get out of one's driveway during peak traffic hours. Even with big boulevards and generous sidewalks, the traffic is a hazard for pedestrians.

[progressivebydesign]

3. Warner Center used to be nicely undeveloped...too bad. n/t