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The Business Perspective

It's Sports Time In L.A!


Last week the National Basketball Association (NBA) chose Los Angeles as the host of the 2018 NBA All-Star Game. The 67th annual game will take place at STAPLES Center on Sunday, Feb. 18, 2018, and will be the record sixth NBA All-Star game in L.A. In announcing the selection, NBA Commissioner Adam Silver said, "Los Angeles is known for first-class hospitality and entertainment..." This three-day event is anticipated to fill 20,000 hotel rooms and generate $100 million in spending.

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A Good Fix for L.A.'s Sidewalks


We've all heard the childhood superstition "Step on a crack, break your mother's back." The City of Los Angeles is currently grappling with how to repair miles of treacherous sidewalks -- without breaking the bank -- and establish who will be responsible for repairs going forward.

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Don't Halt Los Angeles' Momentum

 *UPDATE: Since the drafting of this Business Perspective, we have received word that the initiative effort led by Michael Weinstein has stopped collecting signatures, but may try to instead qualify for the March 2017 City Ballot.

Los Angeles is an exciting city in which to live and work right now. Cranes are a common part of the skyline, new rail lines are opening, Olympic momentum is building, and a new movie, City of Gold, celebrates this city's incredible food scene fostered by the diversity in our communities.

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Ready to Ride

This past Saturday, thousands gathered in the San Gabriel Valley for the opening of the Gold Line Extension, which connects Pasadena to Azusa, through the cities of Arcadia, Monrovia, Duarte and Irwindale. This $1 billion, 11.5 mile extension was funded with Measure R dollars approved by the voters in 2008.

 

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Congratulations and Welcome to Speaker Rendon


Next Monday, Speaker-elect Anthony Rendon from Los Angeles County will be sworn in as the 70th Speaker of the California State Assembly. He was elected on Jan. 11 to the chief leadership position of the 80-member body, taking the helm from outgoing Speaker Toni Atkins, who we thank for her service.

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