Our house in Glendale is just one story tall... so I figure we're zoned for at least two more. That's at least 3,000 square feet. Who's interested? Hell, I'll sell you the imaginary square footage for a bargain $175 a square foot.
I mean, if it's good enough for downtown Los Angeles, it's good enough for me. Not that anyone actually thought anything through down there, as the Times writes:
Developers who purchase the "air rights" for unused space above the Convention Center and transfer them to their own projects could build structures significantly taller than current zoning codes allow. But city officials said they did not study where the extra-tall buildings would be located or even how many people they would bring downtown.
City Councilwoman Jan Perry, who represents downtown, said she doesn't think such planning is needed, because the downtown general plan already accounts for the density.
But several top outside planners expressed concern that L.A. would allow so much additional development — roughly the equivalent of Century City — without assessing the effects.
Tell ya what. $150 a square foot. That's cheap, people!
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