The five-year-old plan has yet to produce a single residential unit.
In 2013, the City of Los Angeles adopted the Cornfield Arroyo Specific Plan (CASP), which governs land use and development in the nearly 660 acres of land which surrounds Los Angeles State Historic Park. At the time of its adoption, it was billed as an innovative approach to creating affordable housing and lauded for dropping parking requirements in new developments.
But five years after the plan was enacted, the CASP has yet to produce a single unit of new housing – market rate or affordable. This is not due to a lack of demand….