Comment

Comment by Scupine on February 4, 2012 at 7:31pm

Thanks for letting us into the process Mr. Councilman. Much appreciated!

Comment by Jeff Cooper on February 4, 2012 at 6:35pm

only insight I have is that when it was time to get down to signing agreement , they were not as interested as we thought or as they had previously indicated..

Comment by Scupine on February 4, 2012 at 4:38pm

Thanks for the tip Jeff (and Kevin, by email). Jeff, do have any insight into what went down?

Comment by Scupine on February 4, 2012 at 4:36pm

Ah yes, I see on the Culver City Council Agenda: "On January 30, 2012 the City Council authorized entering into a Commitment Letter with Lab Holding LLC to sell the Property and develop the Market Hall. The City and Lab Holdings could not consummate the agreement, and staff proceeded with negotiations with the other qualified developer that had submitted a proposal, Red Barn/Regency Centers. Regency has agreed to the same terms and conditions outlined in the City’s Commitment Letter to Lab Holding LLC."

Comment by Jeff Cooper on February 4, 2012 at 1:50pm

FYI..the LAB is out, no longer involved in this project

Comment by Jen Arrow on February 4, 2012 at 11:39am

Cute. The Washington Blvd. redevelopment is so amazing! I wonder if anyone will ever discover that little commercial sector of Washington Place as well.

Comment by Vicki Daly Redholtz on February 3, 2012 at 10:13pm

This looks very nice.