City: Complex would boost funds

CITY HALL , A six-story mixed-use complex proposed for the Los Feliz Boulevard entry into Glendale breezed through its initial design review Tuesday, despite objections from Atwater Village residents who said the project would only add to existing traffic woes there. While city officials did not disagree with the poor traffic assessments, they also said the 175,749-square-foot proposal at 435 Los Feliz Road comes at a time when the depressed credit market has hamstrung nearly all other market rate development in Glendale, spurring the City Council to offer several permit deadline extensions to keep an unknown number of projects from folding altogether. For the full story visit www.glendalenewspress.com/articles/2008/11/19/politics/gnp-place19.txt