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Real Estate/Development

Sep. 16, 2011

Real estate lawyers fret over law

Lawyers representing shopping centers are wringing their hands about recently passed state legislation requiring certain big box stores to pay for economic impact reports of their proposed developments.


By Jason W. Armstrong


Daily Journal Staff Writer


Lawyers representing shopping centers and advocates for retail projects are wringing their hands about recently passed state legislation requiring 'big box' stores that sell groceries to pay for economic impact reports of their proposed developments.


If signed into law by Gov. Jerry Brown, SB 469, authored by Sen. Juan Vargas, D-San Diego, would require cities and counties to weigh impac...

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