Zoning Change Approved In Downtown LA

The Los Angeles City Council unanimously approved sweeping changes to zoning laws yesterday which open the way for denser development downtown. The new rules allow smaller apartment units and give developers greater leeway in building high-rises. They will also allow them to build closer to sidewalks and increase the size of buildings. The new laws contain stipulations that require buildings to include some affordable low and middle-income housing. Larry talks with Los Angeles City Councilmember, Jan Perry, President and CEO of the Central City Association, Carol Schatz, and presidential fellow in urban futures at Chapman University, Joel Kotkin about the new rules and the potential impact on the city.