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CALIFORNIA | LOCAL
November 4, 1990
Inglewood officials Friday named a former Los Angeles County development specialist, Jesse J. Lewis, as the city's new director of development. Lewis, who will begin the new post Dec. 3, will help create new development projects. He will also head the city's efforts to redevelop areas under the flight path of Los Angeles International Airport and to build low- and moderate-income housing, city officials said.
ARTICLES BY DATE
BUSINESS
June 29, 2011 | By Richard Verrier, Los Angeles Times
California's film tax credit program is giving taxpayers a bang for their buck. So says a newly released study by the Los Angeles County Economic Development Corp., which shows the state's tax credit program pumped $3.8 billion into the California economy and created more than 20,000 jobs in the last two years. Based on an analysis of expenditures from nine projects that received film tax credits from the state in the first two years of the program, the LAEDC found that for each tax dollar allocated, the local and state governments get back at least $1.13 in tax revenue and the total gross domestic product in the state increases $8.48.
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CALIFORNIA | LOCAL
July 24, 1993
Metropolitan Transportation Authority officials won a concession from a Wilshire-district developer who was given a controversial $1-million loan. Developer Wayne Ratkovich has agreed not to sue the transit agency for any building damage or financial losses at the Wiltern Theatre and an adjoining office complex that are caused by the construction of the Red Line subway. After Ratkovich threatened to sue the MTA in June, the agency voted to approve separate loans of $300,000 and $1 million.
BUSINESS
February 16, 2011 | By Alana Semuels, Los Angeles Times
Film and television production in Los Angeles could help rouse the area from its economic stupor, although growth will be slow this year and next, according to a forecast scheduled to be released Wednesday by the Los Angeles County Economic Development Corp. "We're looking at an economy that is poised to start to growing again in 2011," said Nancy Sidhu, chief economist of the LAEDC. The motion picture and TV production sector added 16,500 jobs in 2010, becoming one of the fastest-growing employment sectors, according to the forecast.
CALIFORNIA | LOCAL
March 14, 2000 | ANDREW BLANKSTEIN, TIMES STAFF WRITER
Walt Disney Co.'s planned Grand Central Creative Campus in Glendale will eventually employ 10,000 workers and include 3.6 million square feet of offices, sound stages and studio production facilities, according to interviews and documents filed with the city of Glendale. In announcing the development in September, Walt Disney Imagineering executives declined to disclose the project size, the number of employees or the dollar value.
BUSINESS
June 15, 2010 | By Alana Semuels, Los Angeles Times
Jack Kyser, the ever-quotable dean of Southern California economists, is retiring from the Los Angeles County Economic Development Corp. after decades of postulating about the many diverse sectors that make up the California economy. Although he's leaving during one of the worst economic downturns the region has ever seen, Kyser, 76, says he is optimistic about the future of Southern California. "Los Angeles' best days are still ahead of it — if we manage the economy effectively," said Kyser, founding economist at the LAEDC, which was created to attract and retain jobs in the region.
BUSINESS
February 25, 2010 | By Richard Verrier
Nancy D. Sidhu is chief economist for the Los Angeles County Economic Development Corp., a private research and business development group that prepares economic forecasts of national, regional and local business trends. A former economics professor and corporate planner with Inland Steel Industries in Chicago, Sidhu moved to California in 1987 from the Midwest, first to work at Toyota Motor Sales before joining Bank of America as a senior economist. Sidhu joined the LAEDC in 2000 and eight years later succeeded longtime forecaster Jack Kyser, now the group's founding economist.
BUSINESS
February 16, 2011 | By Alana Semuels, Los Angeles Times
Film and television production in Los Angeles could help rouse the area from its economic stupor, although growth will be slow this year and next, according to a forecast scheduled to be released Wednesday by the Los Angeles County Economic Development Corp. "We're looking at an economy that is poised to start to growing again in 2011," said Nancy Sidhu, chief economist of the LAEDC. The motion picture and TV production sector added 16,500 jobs in 2010, becoming one of the fastest-growing employment sectors, according to the forecast.
BUSINESS
June 29, 2011 | By Richard Verrier, Los Angeles Times
California's film tax credit program is giving taxpayers a bang for their buck. So says a newly released study by the Los Angeles County Economic Development Corp., which shows the state's tax credit program pumped $3.8 billion into the California economy and created more than 20,000 jobs in the last two years. Based on an analysis of expenditures from nine projects that received film tax credits from the state in the first two years of the program, the LAEDC found that for each tax dollar allocated, the local and state governments get back at least $1.13 in tax revenue and the total gross domestic product in the state increases $8.48.
CALIFORNIA | LOCAL
April 29, 2008 | Cara Mia DiMassa, Times Staff Writer
The developer of the Grand Avenue project in downtown Los Angeles said Monday that completion of the $3-billion redevelopment effort will be delayed until 2012 because of difficulty in obtaining construction loans amid the real estate downturn. The Frank Gehry-designed high-rise project is seen as a linchpin in downtown's revitalization, and the delay is the latest sign that the loft and condo craze in the city center is cooling off.
BUSINESS
June 15, 2010 | By Alana Semuels, Los Angeles Times
Jack Kyser, the ever-quotable dean of Southern California economists, is retiring from the Los Angeles County Economic Development Corp. after decades of postulating about the many diverse sectors that make up the California economy. Although he's leaving during one of the worst economic downturns the region has ever seen, Kyser, 76, says he is optimistic about the future of Southern California. "Los Angeles' best days are still ahead of it — if we manage the economy effectively," said Kyser, founding economist at the LAEDC, which was created to attract and retain jobs in the region.
BUSINESS
February 25, 2010 | By Richard Verrier
Nancy D. Sidhu is chief economist for the Los Angeles County Economic Development Corp., a private research and business development group that prepares economic forecasts of national, regional and local business trends. A former economics professor and corporate planner with Inland Steel Industries in Chicago, Sidhu moved to California in 1987 from the Midwest, first to work at Toyota Motor Sales before joining Bank of America as a senior economist. Sidhu joined the LAEDC in 2000 and eight years later succeeded longtime forecaster Jack Kyser, now the group's founding economist.
CALIFORNIA | LOCAL
July 24, 1993
Metropolitan Transportation Authority officials won a concession from a Wilshire-district developer who was given a controversial $1-million loan. Developer Wayne Ratkovich has agreed not to sue the transit agency for any building damage or financial losses at the Wiltern Theatre and an adjoining office complex that are caused by the construction of the Red Line subway. After Ratkovich threatened to sue the MTA in June, the agency voted to approve separate loans of $300,000 and $1 million.
CALIFORNIA | LOCAL
November 4, 1990
Inglewood officials Friday named a former Los Angeles County development specialist, Jesse J. Lewis, as the city's new director of development. Lewis, who will begin the new post Dec. 3, will help create new development projects. He will also head the city's efforts to redevelop areas under the flight path of Los Angeles International Airport and to build low- and moderate-income housing, city officials said.
NEWS
December 18, 1986
Avalon has received an award from the Los Angeles County Community Development Commission for being the most improved city in managing its federal Community Development Block Grant money. The city, which receives about $25,000 a year, has completed rehabilitation of two sewer pump stations and a storm drain project.
CALIFORNIA | LOCAL
April 5, 1996
Los Angeles County Supervisor Zev Yaroslavsky on Thursday helped dedicate the West Knoll Apartments, a 136-unit senior citizens complex in West Hollywood. The public housing project received a face-lift funded by $1.5 million from the federal Department of Housing and Urban Development. Most of the money was used to build a community room for the residents, said Sam Lucchese, a spokesman for the Los Angeles County Community Development Commission.
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