SMa.r.t.

But the city and its downtown have become a cash cow for developers. Santa Monica has spent over 20 years swimming uphill in a failed marriage with the development community – agreeing to increasing land values, building heights and higher rents in exchange for a handful of “inclusionary” affordable units! And in addition, Santa Monica’s residents, not the developers, are left to pay for the increased infrastructure this requires!

Read More: https://smmirror.com/2022/01/santa-monicas-future-will-developers-or-residents-rule-part-2-our-downtown/