California Gov. Gavin Newsom said Thursday that he took action to accelerate Continuum Partners’ Fourth and Central, a $2-billion mixed-use project between Little Tokyo, the Arts District and Skid Row in downtown Los Angeles. If approved, the project would encompass more than 1,500 rental and for-sale apartments, 411,113 square feet of office space, 101,088 square feet of restaurant/retail space and a 68-key hotel.
Newsom certified the Fourth and Central project as eligible for judicial streamlining under a package of infrastructure legislation enacted in 2023, meaning that any legal challenges brought against the project must be heard within 270 days to the extent feasible, reduced from the typical three- to five-year timeline. It’s the third project and the first housing project to be streamlined since the governor signed the infrastructure package into law.
“For decades, we’ve let red tape stand in the way of these kinds of critical housing projects, and the consequences are in plain view all around us,” Newsom said in a statement. “Now we’re using California’s infrastructure law to build more housing, faster.”
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