Since 2013, Irvine residents have expected to see as many as 9,500 homes built around the Great Park, under an agreement between the city and developer FivePoint Holdings.,Now the upper limit could grow to 10,556 homes, after FivePoint affiliate Heritage Fields asked recently to change how some of the homes are counted – subtracting the affordable units that are being built and providing leeway to build more homes overall.,FivePoint CEO Emile Haddad said Monday the proposal would simply use the city’s existing rules meant to encourage development of affordable housing, and adding more homes of any kind could help ease traffic by allowing some of the thousands of people who commute to jobs in Irvine to live there as well.,FivePoint is using a city rule to designate all the affordable homes as “additive,” which means they wouldn’t count toward the total number that can be built, so the developer could build that many more market-rate homes.,It’s the first time the city has gotten a request to change the designation of already-built homes, and it’s the first request to use the city’s “additive” provision on a project that already took advantage of a state law granting the right to build more homes if the project includes a certain percentage for low-income residents, according to a city report.
Big changes could transform the town’s critical South Churton Street corridor over the next decade, giving people more ways to get around, visit and live in Hillsborough — instead of sitting in traffic.,The town has been working with the N.C. Department of Transportation for years on a plan for improving Churton Street, which connects the town’s commercial strip and its historic downtown.,The plan would expand South Churton Street to four lanes with center turn lanes, and add bike lanes and sidewalks from Interstate 40 to Orange Grove Road.,Amtrak station
Also this month, the Hillsborough Town Board could begin the process of designing and building an $8.1 million Amtrak station at South Churton and Orange Grove streets.,The goal, Hauth said, is to get people on U.S. 70A to use the new route and reduce the number of cars waiting to turn downtown at the Churton Street stoplight.
LOS ANGELES (CBSLA) – Authorities have linked a suspect to a series of break-ins at celebrity homes in the Hollywood Hills over the past two years that resulted in the theft of millions of dollars’ worth of items.,At a news conference Wednesday morning, Los Angeles police announced the arrest of 32-year-old Benjamin Eitan Ackerman in connection with the burglaries of at least 13 homes starting in 2017.,“Ackerman targeted high-end celebrity homes that were for sale, or were being shown during open house appointments,” LAPD Capt. Cory Palka said Wednesday.,Ackerman’s arrest comes after four members of a suspected burglary ring were captured in October, also accused of targeting the homes of celebrities, including former Los Angeles Dodger Yasiel Puig, Rams receiver Robert Wood and singer Rihanna.,Two days prior, on Sept. 25, the Hollywood Hills home of singer Rihanna was broken into for the second time in a span of five months.
“Bubble Watch” digs into trends that may indicate economic and/or housing market troubles ahead.,Much of that confidence pop was due to conservative-leaning folks having a dramatic change of economic heart, becoming extremely enthusiastic about business prospects almost overnight.,Unsold new homes
For years, we’ve heard local builders must up their game to help boost the options for house hunters.,Slumping home sales