Local Legislation
Northeast CRE Leaders Gather for Networking and Local Development Updates
Last night, over 25 of our members came together for a lively happy hour at Media Studios in Burbank. Where they were able to enjoy drinks, laughs, and valuable updates from the Economic Development Department of Burbank and the Community Development Department of Glendale.
Read MoreLA City Council Approves $30 Minimum Wage for Tourism Workers — Ballot Battle Heats Up Â
Despite concerns over economic impacts, the LA City Council voted to raise the minimum wage for airport and hotel workers to $30 an hour by 2028.
This change will directly affect hotels, airports, and related service providers — key tenants and partners for many in commercial real estate. Higher operating costs could impact leasing, service contracts, and tourism-driven property revenue, especially as the city prepares for major events like the Olympics.
Read MoreLong Beach’s $3.7 Billion Budget: Key Takeaways for Commercial Real EstateÂ
The City of Long Beach’s 2026 proposed budget of $3.7 billion targets key areas like public safety, housing, infrastructure, and economic growth—which could directly affect your properties and businesses.
Read MoreLA County Moves to Streamline Film Permits, Opening Doors for CRE GrowthÂ
The LA County Board of Supervisors just approved a plan to speed up film permits and grow the industry, which could mean more filming, tenants, and investment for local commercial properties.
Read MoreClean LA Buildings Ordinance: What Commercial Property Managers Need to Know About Proposed New Retroactive RulesÂ
The Los Angeles City Council’s Clean LA Buildings ordinance, effective in 2023, may soon be applied retroactively to require some buildings permitted before 2023 to meet all-electric standards.
Read MoreLong Beach Approves Minimum Wage Increase for Tourism WorkersÂ
The Long Beach City Council has approved a minimum wage increase for tourism workers. This will include those working at the Long Beach airport, Convention Center, Queen Mary, and the upcoming amphitheater.
Read MoreMayor Signs LA Budget: More LAPD Recruits, But Service Cuts Remain
Mayor Karen Bass signed the budget on Friday and announced a deal with the City Council to bring back LAPD hiring.
Read MoreFilm-Friendly LA: What Mayor Bass’s Executive Order Means for CRE Professionals
Los Angeles Mayor Karen Bass has signed an executive order to make it easier and cheaper to film in the city. The goal is to keep entertainment jobs in LA and support the local film and TV industry.
Read MoreUnderstanding Measure G’s Implementation in Los Angeles CountyÂ
Approved by voters in November 2024, Measure G brings major changes aimed at improving representation, transparency, and accountability in LA County government.
Read MorePasadena Wants to Update Adaptive Reuse RulesÂ
Pasadena introduced an ordinance to make it easier to convert commercial buildings into housing. It would reduce parking requirements, increase allowed density, and provide zoning flexibility for multi-family and mixed-use projects if passed.
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