Few, if any, projects are directly impacted by the passage of Measure SM this month but there’s consensus that the measure will give developers pause before submitting some projects.
Voters approved Measure SM on Nov. 6 with about 71 percent of the vote and it will be in effect for the next 10 years. The measure will require five out of seven City Council members to approve requests to amend the Land Use and Circulation Element (LUCE) and Downtown Community Plan (DCP).
“Yes on SM means developers need not come to Santa Monica with plan-busting projects unless they’re confident the benefits are so spectacular that five, not just four, Councilmembers will agree.”
Read More: http://www.smdp.com/dearth-of-relevant-projects-leave-impact-of-measure-sm-in-question/170892