Cities with big retail and tourists sectors are likely to experience the worst revenue drops immediately; can all cities keep their planners on the payroll?
To cut down on discretionary review, new housing laws require cities to approve housing projects so long as they conform to "objective" design standards. Cities are scrambling to draft standards that promote housing and promote desired aesthetic goals.
The Santa Clara project is to include 5.4 million square feet of office space, about 1,700 apartments, and 1 million square feet of shopping, dining and entertainment.