People in the construction industry may have heard about an interesting development in the controversial San Francisco waterfront development case. In June of 2014, a ballot initiative known as Proposition B gave San Francisco citizens the authority to vote on the allowable height of any and all proposed waterfront developments on land managed by the Port of San Francisco. This measure basically gave the voters the right to decide what and how projects would be built in this area.
People in the construction industry in California may have found themselves a bit busier now than they have been in recent years, as new projects and new opportunities seem to be coming around after a long-dormant period of economic recession. The good news is that this optimistic outlook appears to be widespread, and hopefully will translate to continued economic success in several major California markets in the coming years.
People in Southern California probably heard about the huge fire that engulfed a large portion of downtown Los Angeles in smoke earlier this month. The blaze, which apparently started at the site of a seven story apartment building which was under construction, was so serious that it took approximately 250 firefighters to assist in controlling it. The inferno also damaged nearby high rise buildings and caused police to have to shut down adjacent freeways. Luckily, thanks to some heroic work by the firefighters at the scene, the fire was contained from spreading even further.