Los Angeles News
Funding approved for downtown LA streetcar project
DOWNTOWN LOS ANGELES (KABC) -- Funding has been approved by the L.A. City Council for a street car project in downtown Los Angeles.
Advocates of the project say the streetcars would add 9,300 jobs, $125 million in public-private investment and $24 million in annual tourism and consumer spending.
The urban street car system would serve a four-mile area including Bunker Hill, the Music Center, historic Broadway, L.A. Live and the L.A. Convention Center.
The project is backed by AEG, a leading sports and entertainment company that has a huge stake in Los Angeles. AEG is responsible for L.A. Live, Staples Center and is also behind the proposed NFL stadium in downtown.
downtown, los angeles news
- Monterey Park fire engine crash injures 15 8 min ago
- Bell corruption: Rizzo gets 12 years in prison
- Arsonist sought in San Pedro Elks Lodge fire
- 287 missing, 9 dead in SKorea ferry disaster
- Google Glass robbers target Venice resident
- Victim found on 605 Freeway dies of injuries 58 min ago
- 'Luger Bandit' bank robbery suspect caught 33 min ago
- Distracted-driving trial: OC jury deadlocks
- Boston Marathon hoax: Suspect is bipolar
- abcnews: Missing girls case solved 40 years later
- Pro-Russian insurgents seize armored vehicles
- Jay-Z's Made in America festival announced
- Jenny McCarthy engaged to Donnie Wahlberg
- OTRC: AC/DC: Malcolm Young taking break
- Recycling used water in Orange County
55 min ago