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LA Out of Olympic Race


LA losing out to Boston for the 2024 Summer Olympic bid could have a major impact on the commercial real estate community. The loss could put a damper on big developments in the pipeline, including work on revitalizing the LA River (which has already run into problems). In addition, there were plans for a rail connection to LAX and revamping of the Coliseum, which now may fall to the proverbial back-burner.

Related Topics: Olympics, LA River, Rail