by Jodi Summers

Watch our Metro grow. In the most recent presidential elections, LA approved Measure M – the half-cent sales tax increase to fund new public transit projects and infrastructure improvements.

Here’s our metro – now and future…

los-angeles-metrorail-comparison

As an FYI, Angelinos spend an average of 81 hours a year stuck in traffic. Currently, there are 10.2 million people living in LA County, and we are projected to grow by 2.3 million people in the next 40 years. Traffic congestion and air pollution are expected to get worse with more growth, and Measure M was proposed to raise money to meet those needs.

Among the other goals of Measure M we have:metro-train

  • Ease traffic congestion, improve freeway traffic flow and reduce bottlenecks.
  • Expand rail and rapid transit system; accelerate rail construction and build new rail lines; enhance local, regional, and express bus service; and improve system connectivity.
  • Repave local streets, repair potholes, and synchronize signals; improve neighborhood streets and intersections, and enhance bike and pedestrian connections.
  • Make public transportation more accessible, convenient, and affordable for seniors, students, and the disabled; and provide better mobility options for our aging population.
  • Earthquake-retrofit bridges, and keep the transit and highway system safe and in good working condition.
  • Embrace technology and innovation; incorporate modern technology, new advancements, and emerging innovations into the local transportation system.
  • Create jobs, reduce pollution, and generate local economic benefits; increase personal quality time and overall quality of life.
  • Provide accountability and transparency; protect and monitor the public’s investments through independent audits and la-freeways-againoversight.

The timeline for all these projects is a bit ambiguous. Under Metro’s current estimates, many could take decades to complete, but the agency hopes the steady stream of funding will help to win grants that could speed up some of the projects.

Measure M is expected to generate an estimated $860 million a year in 2017 dollars.

Based on the latest economic forecast by the Los Angeles County Economic Development Corporation, the Los Angeles County Traffic Improvement Plan would add 465,690 new jobs across the region. The proposed projects will be built over a 40-year period.

measure_m-large

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http://la.curbed.com/2016/8/29/12687320/la-metro-map-gif-measure-m-sales-tax-ballot

http://theplan.metro.net/

https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=2&cad=rja&uact=8&ved=0ahUKEwjYyJSgvsfQAhUBgCYKHfyJAYcQFggiMAE&url=http%3A%2F%2Ftheplan.metro.net%2Fwp-content%2Fuploads%2F2016%2F09%2Ffactsheet_measurem.pdf&usg=AFQjCNHYSxwqTpvDXp0CSnP_y0oj4Ld9JQ&sig2=bjcL3M0LiqDUtPUN_1oTTw

http://www.lovesiliconbeach.com/trains-trains-trains-and-better-roads

http://www.latimes.com/local/lanow/la-me-ln-metro-transportation-future-20201010-snap-story.html

http://www.socalcommercialrealestateblog.com/measure-m-is-good-for-business/

https://lametthesource.files.wordpress.com/2016/04/subwaymap.jpg

http://www.sctainfo.org/images/measure_m-large.gif

http://www.socalmultiunitrealestateblog.com/measure-m-reinvents-local-transit/

https://d3n8a8pro7vhmx.cloudfront.net/yesonm/pages/22/features/original/slide_earthquakes.jpg?1470978130

http://www.socalgreenrealestateblog.com/round-round-get-around-with-measure-m

http://image.dailynews.com/storyimage/LA/20160914/NEWS/160919726/AR/0/AR-160919726.jpg&maxh=400&maxw=667

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About Jodi Summers

Jodi Summers
Sotheby’s International Realty
310.260.8269
jodis@jodisummers.com
www.SoCalInvestmentRealEstate.com
www.SantaMonicaLandmarks.com
www.SoCalIndustrialRealEstateBlog.com
www.SoCalOfficeRealEstateBlog.com
www.SoCalGreenRealEstateBlog.com
www.SantaMonicaPropertyBlog.com

Jodi Summers Bio

With $100,000,000 in listed inventory, Jodi Summers understands the coastal commercial real estate market. A top producer with Sotheby’s International Realty, Jodi knows finance, rules, regulations, procedures and methods. She is accurate, knowledgeable, timely and aware of how government shapes the cities of Southern California.

Jodi is born in Brooklyn, raised in and around Manhattan – the family business was marketing, Madison Avenue style. Childhood math quiz questions calculated demographic and psychographic percentages or analyzed the allocation of adverting dollars. Word games were for devising slogans.

An honors graduate from the Walter Cronkite School of Journalism at Arizona State University, Jodi moved to California to achieve her goal of living by the beach with a palm tree and a hibiscus bush in her yard.
She thrived as an entrepreneur in the entertainment, media and marketing industries. One of her books, “Marking and Marketing Music,” is in second edition.

“My marketing and communication skills have proven to be a true gift when it comes to promoting real estate,” observes Jodi. “And I am consistently able to get an exceptionally high price per square foot for my sellers.”

Discipline (Jodi holds a Black Belt in Tae Kwon Do), organization, motivation, excellent communication skills and knowing & satisfying the needs of her clients have been her essentials for running a successful business. A passion for investment real estate explains her emphasis in asset-yielding properties.

Her team joined Sotheby’s International Realty for the company’s powerful brand and stellar reputation.
“We offer the broad market knowledge needed to assist clients in formulating a sound acquisition strategy,” Jodi amplifies. “Together, we evaluate various markets, property types and neighborhoods to devise a customized approach that meets each client’s specific objectives.”

Jodi is a member of the Action Apartment Association of Westside income property owners, the Santa Monica Conservancy historic preservation society, the Ocean Park Association, the Friends of Sunset Park community group, the Real Estate Investors Club of L.A., and the Culver City Rock & Mineral Club. Members of her team are fluent in Spanish and Italian.

“Our reputation assures your satisfaction.”

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