Jan
27
$44M Paramount Project Gets Green Light
ByCheck Out the Agenda and book now for RealShare LOS ANGELES on March 24 and network with 1,000 professionals.
The new shopping district totals 300,000-square-feet.
LOS ANGELES—The City of Paramount has green lit a $44.4 million redevelopment project that will transform the City of Paramount’s downtown area into a regional mall with several national tenants. The project began pre-recession with funding from a municipal redevelopment agency, and was subsequently stalled during the recession. When the economy recovered, redevelopment agencies had been eliminated, leaving the City to seek private funding to complete the project…