Posts by growthzone
Proposition 15 Puts Education Last
Proponents of Proposition 15 cite classrooms as the main reason for taxing local properties and businesses. Unfortunately, Proposition 15 actually places education last in line. Most commercial real estate and business organizations are not …
Read MoreLong Beach City Champions New Police Reforms
In the past few months, community organizers and activists brought the topic of police brutality to the forefront of our national conversation. As such, large cities like Los Angeles have been forced to reconsider their approach to policing. Notably, Los Angeles voted to cut $150 million from the LAPD budget, while introducing a new …
Read MoreProp. 15 Will Worsen The Housing Crisis
It’s no surprise that Californians are leaving the state in record numbers. Due to rising rent, cost of living, and taxes, California is becoming less affordable for many Americans. Despite this, legislators are supporting Proposition 15, a ballot measure that would create higher …
Read MoreProposition 15 Lacks Government Transparency And Accountability
As we’ve highlighted on our site, Proposition 15 will do much to hurt businesses and families across California. With that being said, more attention should be focused on how Proposition 15 will not do much to help schools and classrooms. In fact, while special interests are using Proposition 15 in the name of school improvement, it will mainly prioritize administrative costs …
Read MoreProposition 15 Will Raise Your Utility Bill And Hurt California’s Renewable Energy Goals
Californians are no stranger to high monthly utility bills. With our infamous hot and dry summer days, we depend on air conditioning to keep cool during our long summer season. Without a doubt, these hot weather conditions add much to our monthly expenses and contribute heavily to climate change. Surprisingly, if voters approve Proposition 15 …
Read MoreThe Future of Shared Workspaces: Unventured, But Promising Investments
Over the past two years, the future of shared workspaces seemed dark and at a dead end. With demand for coworking space at an all-time low and with COVID-19 creating a transition to remote working, it felt like major companies like WeWork were quickly losing relevance. However, recent events prove that the shared workspace industry is still alive, and has so much potential for innovation and growth.
Read MorePolicymaker Spotlight: Stacy Mungo
For the Spotlight Series, BOMA/GLA would like to highlight the incredible work done by Long Beach Councilwoman Stacy Mungo. Currently serving the 5th District, Councilwoman Mungo has pursued many unprecedented initiatives to advance the prospects of her district.
Read MoreTell Your Tenants: Proposition 15 will Raise their Rent
Amid an unprecedented economic crisis, special interests are pushing Proposition 15 on the November 2020 statewide ballot that will undo Proposition 13’s property tax protections. In short, this will be the largest property tax increase in California history. However, most relevant to the commercial real estate industry is Prop. 15’s impact on commercial tenants throughout California …
Read MoreGarcetti to Lead the Climate Mayors Initiative, Bold Sustainability Changes Coming to CRE
Boasting over 450 signatures, Climate Mayors (LINK) is a bold network of U.S. mayors with the goal of mitigating climate change. Through close contact, this collaborative group seeks to create innovative sustainability initiatives across many U.S. urban cities. In fact …
Read MoreGarcetti Creates New LAPD Community Safety Bureau, Will Reimagine Policing
Due to public pressure regarding police practices, Mayor Eric Garcetti recently announced the establishment of a new Community Safety Partnership (CSP) Bureau within the Los Angeles Police Department. Uniquely, the CSP program seeks to reimagine the role of law enforcement in the community. Specifically, CSP places specially-trained officers in …
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