County approves lease for vacant land May 18,2005

Submitted by lusk-admin on

LOS ANGELES — The county Board of Supervisors on Tuesday approved a controversial lease agreement with a local developer that paves the way for the construction of a multimillion dollar county office building on property left unattended since the 1992 riots.

Gary Painter, the director of research for the USC Lusk Center for Real Estate, said considering the property has been left vacant for more than 10 years, any proposed development is most likely going to be a positive one.