While browsing today’s LA Times, I came across Patt Morrison’s OP-ED interview with developer/mogul and aspiring civic leader; RICK J. CARUSO. That same city-within-a-city retail & housing developer who has brought our region his vision of artificial environments with projects such as THE GROVE, and THE AMERICANA AT BRAND among others. So, now it seems he has his developer sights pointed Eastward,…here is a quote from the SeÃ±or Caruso’s interview from today’s LA Times……
“Would you ever build something like the Grove in South L.A.?
I would love to. I would love to build something in East L.A. You’ve got to build something successful or you’re not doing a favor to that community. We’ve looked; we haven’t found the right opportunity, but I would love to do it, absolutely.
What’s necessary to make that a success?
You’ve got to buy the land at the right price. You’ve got to get the right entitlements. The right retailers to serve that community. You’ve got to get enough customers to use it, spend money, support the rents, A lot of very low to moderate income areas really thrive. I think if conceived right it can be done. East L.A., Boyle Heights, I just haven’t found the right areas. ”
Wow…so are we looking forward to, as Dorit suggested,Â “THE MEXICANA ON CHAVEZ”?,