$44M Paramount Project Gets Green Light


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The new shopping district totals 300,000-square-feet.

LOS ANGELES—The City of Paramount has green lit a $44.4 million redevelopment project that will transform the City of Paramount’s downtown area into a regional mall with several national tenants. The project began pre-recession with funding from a municipal redevelopment agency, and was subsequently stalled during the recession. When the economy recovered, redevelopment agencies had been eliminated, leaving the City to seek private funding to complete the project…

$44M Paramount Project Gets Green Light

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