Proposed low-cost housing site in Anaheim sold to hotel developer in resort district
Posted January 18, 2008, 9:45A |
Contributed by Jeff
The site of a proposed low-cost housing project near Disneyland that ignited a firestorm of protest has been sold to a Texas hotel developer. Renaissance Development, a Fort Worth company with more than $1 billion in past projects, said Thursday that it planned to build three upscale hotels and restaurants, shops and pubs on the 26-acre parcel. The sale could signal an end to a battle that has divided Anaheim over the last 18 months.
Read more from The LA Times.