Traffic + Citywide Construction = Higher Property Values

Saturday, November 04, 2017 Written by 
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By Veronica Mackey

 

The rapidly rising value of real estate in Inglewood was brilliantly illustrated in a comment by resident Ray Davis at Tuesday’s council meeting:

 

“I wish my name was Wong and I was in the hotel business.  The owner bought a hotel in 2001 for $400 thousand and they just sold it for $18 million! How can that be bad? The gentleman who bought it said he’s going to refurbish it. Don’t believe it. He’s going to knock it down and he’s going to build something 10 times grander,” Davis said.

 

“That $400,000 paid off very well,” Mayor James Butts said.

 

Property values in Inglewood will no doubt go higher as the City continues to improve streets and build the new football stadium and new housing.

 

Councilman Alex Padilla said street improvement in District 2 is well underway. Motorists are advised that a portion of La Brea Avenue is being repaved.  The councilman visited the Inglewood Imaging Center recently and was happy to see the center’s commitment for bringing awareness of cancer to the public. Dressed in Dodgers gear for Halloween, he cheered on his favorite team: “Go Dodgers!”

 

Councilman George Dotson announced a “Coffee with the Cops” event on November 15 from 8-10am at Flip It Café, 441 E. Manchester Boulevard.  He encouraged the community to come out and support the Inglewood police.  The District 1 Christmas Toy Drive takes place on Thursday, December 7 at St. Mary’s Academy, 701 Grace Avenue. Warren Lane and Kelso Elementary schools will be represented.  

 

A woman complained about parking restrictions on 105th and 106th streets.  Councilman Ralph Franklin explained that the notice she received was part of a test project to determine how to improve parking in the area.  “This is a pilot program,” Franklin said.  “It is the second one in the last several years. This is not permit parking, where you have to pay before parking on the street.”  

 

Morales added that “with the stadium, we anticipate so many issues.  We’re trying new things because we want to get it better for residents.  If it (pilot) doesn’t work, it goes away.” 

 

Mayor Butts piggy-backed on Padilla’s comments about street improvements.  He related street construction and traffic to “having work done in your home, and having to stay in the back bedroom.”  

 

The City of Inglewood will enter into an Exclusive Negotiating Agreement with the Los Angeles Philharmonic Orchestra to negotiate for the sale of the property located at 101-105 S. La Brea Avenue. The City purchased the property, formerly known as the AMAN Inc. Building, for $4.1 million.  The Philharmonic wants the building to house its youth program, which offers free music and training programs. 

 

 

The council accepted a draft of the Transit Oriented Development Plan for the Westchester/Veterans and Crenshaw/Imperial Metro Stations; and voted to allow City employees to participate in the State of California’s Public Employees’ Medical and Hospital Act, available through the California Public Employees Retirement System, effective January 1, 2018.  

 

The City adopted Title VI of the Civil Rights Act of the 1964 Compliance Plan Update for the Senior Transportation Program of the City of Inglewood.  A contract for residential sound insulation will be awarded to the lowest responsible bidder.

 

An ordinance was passed to the Inglewood Municipal Code, Chapter 2, Article 3, to remove 5 City employee Commissioners on the Housing Advisor Commission, as well as adding 1 Commissioner that is nominated by the mayor. 

 

The mayor closed the meeting with a report on how the city is doing.  “Sales taxes (in Inglewood) outpaces sales taxes in L.A. County.  Crime has decreased 70 percent.  Inglewood still has the lowest rent in the entire South Bay.  Building permit revenues have tripled, compared to 2013…” 

 

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