Developers squabble over $8M RiverPark theater fund
As a new mixed-used housing project in downtown Oxnard lands on the table, the partners behind the development hope they can unlock a long-disputed $8 million that was once tied to the city’s redevelopment agency.
In with the old: Communities find new ways to fund redevelopment
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Goleta to sue state over missing RDA funds
The city of Goleta is taking on the big guys as it brings a lawsuit against the state, officials told community and business leaders at an event on May 30. Calling the lawsuit a “David vs. Goliath moment” at Goleta’s annual State of the City luncheon, Mayor Roger Aceves said the city will file papers Read More →
RiverPark theaters spark $8M dispute
The dissolution of California’s redevelopment agencies has left the developers of RiverPark in Oxnard wondering where to send an $8 million check. In a lawsuit filed Nov. 26, Ventura County Superior Court, the project’s developer, Shea Properties, allege that a dispute has broken out over $8 million they promised to pay in a deal to Read More →
Leaders talk redevelopment at Reagan library
California cities struggling to finance projects after the state abolished redevelopment agencies may get some relief from Sacramento, business leaders were told at a breakfast meeting Friday at the Ronald Reagan Library in Simi Valley. But the extent of any relief is unclear, according to panelists at a Corporate Leaders Breakfast sponsored by Cal Lutheran Read More →
