Mayor Antonio Villariagosa is all in favor of spending $100 million in taxpayers' money to subsidize the Grand Avenue Project in downtown LA, but County Supervisor Mike Antonovich says it could turn into an "endless subsidy." That issue, as well as the contribution of several acres of public land, will be on tomorrow's agenda for the Los Angeles City Council and the Board of Supervisors. The project, partly designed by Frank Gehry, will be across the street from Gehry's iconic Disney Hall. The project's total value is $2 billion. Why does the public have to come up with $100 million? We hear the pros and cons from LA Times columnist Steve Lopez and others.
Steve Lopez, Los Angeles Times (@LATstevelopez)
Bill Witte, President, Related Companies of California
Paul Novak, Planning Deputy to LA County Supervisor Mike Antonovich
Madeline Janis, Commissioner at the Community Redevelopment Agency