Los Angeles Construction Costs Surge 5.9%, Adding Pressure to Fire Rebuilding Los Angeles, CA – March 20, 2025 Construction costs in Los Angeles jumped 5.9% in 2024, marking the highest annual increase in California. This surge poses a serious challenge to post-wildfire recovery after more than 12,000 structures were destroyed or damaged in the January 2025 fires near Altadena and…
City Council Approved Los Angeles Housing Rezoning Plan Article Published – February 7, 2025 The Los Angeles City Council has officially approved the Citywide Housing Incentive Program (CHIP). It is a major Los Angeles housing rezoning plan aimed at increasing residential development near public transit and along key commercial corridors. The decision, passed by the council, marks a significant shift…
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