Plan check.After jousting jousting Medieval Western European mock battle between two horsemen who charged at each other with leveled lances in an attempt to unseat the other. It probably originated in France in the 11th century, superseding the mêlée, in which mock battles were held between with Westwood community groups over the Palazzo pa·laz·zo n. pl. pa·laz·zi or pa·laz·zos A large splendid residence or public building, such as a palace or museum. [Italian, from Latin Pal Westwood mixed-use project, billionaire developer Alan Casden Alan I. Casden (born 1945) is a self-made real estate billionaire who lives in Beverly Hills, California. He is an accounting graduate of what is now the Leventhal School of Accounting at the University of Southern California. Mr. is seeking some changes. Casden Properties Inc. has filed plans with the city seeking permission to add more underground parking to the development. The extra parking is needed for Casden to change the project's 350 residential units into for-sale condominiums. Howard Katz Katz , Bernard 1911-2003. German-born British physiologist. He shared a 1970 Nobel Prize for the study of nerve impulse transmission. , Casden's vice president of development, said the company still intends to open the housing as luxury apartments, although those units are also being built to condominium condominium In modern property law, individual ownership of one dwelling unit within a multidwelling building. Unit owners have undivided ownership interest in the land and those portions of the building shared in common. standards. "It basically gives us flexibility for a conversion in the future," Katz said. "We decided to bite the bullet and do the design changes up front now." Katz said Casden has been receiving inquiries on condo purchases. "Most of the calls about the project have been from people wanting to see if they're condos and if they can get on the waiting list," he said. Sandy Brown Sandy Brown may refer to:
Many developers believe apartments are easier to get approved by city governments. But once developers get their approvals, they often opt to convert the entitlements--a process that doesn't require council approval--to for-sale units to capitalize on Cap´i`tal`ize on` v. t. 1. To turn (an opportunity) to one's advantage; to take advantage of (a situation); to profit from; as, to capitalize on an opponent's mistakes s>. L.A.'s sizzling siz·zle intr.v. siz·zled, siz·zling, siz·zles 1. To make the hissing sound characteristic of frying fat. 2. To seethe with anger or indignation. 3. housing market. Denise Sample. Councilman Jack Weiss' chief of staff, said her office was aware of Casden's intentions with Palazzo Westwood. "At this point we haven't taken a position," she said. "Right now we're working with both sides to make sure they are on the same page." The $100 million Palazzo Westwood project, which will also contain 50,000 square feet for retail, is currently under construction on either side of Glendon Avenue. Katz said Palazzo Westwood was designed in such a way that the retail and residential components would be kept separate. Essentially, that means Casden could easily hold or sell the retail portion if the company is allowed to change the residential to for-sale units. "It gives us the best of all worlds," he said. "There's one interest in apartments and one in the commercial area." Staff reporter Andy Fixmer can be reached by phone at (323) 549-5225, ext. 263, or by email at afixmer@labusinessjournal.com. |
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