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Los Angeles Times
Los Angeles Times
Business
Liam Dillon

Thousands of apartments may come to Santa Monica, other wealthy cities under little-known law

LOS ANGELES — Earlier this fall, a developer submitted plans for 4,500 apartments in Santa Monica — more new housing than the pricey, beachfront city has built in all of the previous decade.

And because of a little-used provision in state law that kicks in when cities fail to produce a housing plan to accommodate projected population growth, Santa Monica officials may be powerless to stop the construction.

The tactic now could be deployed by developers in more than 100 Southern California cities that are out of compliance with the state requirements. According to experts, it is most likely to be used in wealthier areas with little housing production and high potential profits.

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