SANTA ANA – The Santa Ana City Council approved a $3 million loan agreement for construction of a 70-unit affordable housing development in the Station District called the Depot at Santiago. The 55-year agreement, at 3 percent interest, includes…
As Koreatown densifies around its three subway stations, the abandoned 2.2-acre lot at Wilshire and Hobart appears more and more conspicuous. After numerous failed proposals, another developer is taking a stab at filling the space: the LA Planning Department is fielding a developer request for construction of a mixed-use project with 378 condos and 4,000 square feet of retail, along with a 4,000-square-foot restaurant.The developer, through his attorney, is seeking area, height, yard, and building line concessions for the plot (meaning something other than what the zoning allows). The Wilshire/Hobart lot was once the site of proposed skyscraper projects that all fell through during the recession (one of the old renderings is pictured); later, residents clamored for some green space in this severely park-poor neighborhood. Even though the city bought part of the lot in 2010 with intentions of building a mini-park, the space remains desolate. · City Buys Part of 3670 Wilshire Boulevard for New Koreatown Park [Curbed LA]
Producteev’s Social Task Manager Now Free And Enterprise-Ready As It Preps For Full Jive Integration Later This YearMay 21, 2013 | PropertyRazzi
In November, Jive Software acquired Bay Area cloud-based, collaborative task manager, Producteev , to boost its social business platform. Going forward, as Alex wrote at the time, Salesforce.com and Jive will increasingly butt heads as they compete for mindshare in the enterprise. With Producteev’s multi-platform task-management system, which allows users to create tasks from emails and collaborate around projects in teams, Jive acquired a service that was already beginning to compete with Asana and Salesforce.com’s Do.com. Producteev has been quiet since the acquisition, but that changed today, with the announcement that the startup is launching a revamped version of its social task management platform. The biggest change, founder Ilan Abehassera tells us, is that the new Producteev targets larger companies (naturally, given its acquirer) and is entirely free.
IBM plans to launch the Watson Engagement Advisor, aimed at helping organizations provide better customer service and product recommendations in real time at scale. The same technology that once outsmarted humans to win Jeopardy and has recently been used to diagnose cancer will now be used to help organizations sense and respond in real time.
Coming home to this little red cottage, it must be easy to forget you’re smack dab in the middle of the city. Built in 1924, the cozy two-bedroom, one-bathroom house sits on a quarter of an acre of prime Wonderland school district territory, complete with a flat yard and surrounded by mature trees. The house is cozy, to be sure, but sunny and bright, with a wood-burning fire place, narrow eat-in kitchen, and master bedroom upstairs. The property has a tenant through August, but is on the market now for $949,000 . · 8337 Utica Drive [Redfin]