Development sites around the NoHo train station were assembled by the Los Angeles Community Redevelopment Agency, which was disbanded in 2012. Many artistic people moved to North Hollywood in recent years because it was a bit more attainable than other desirable neighborhoods, the developers said. Average monthly apartment rent in North Hollywood was $2,371 in September, according to Zillow, up about $25 from the same month a year ago. About 28,500 weekday travelers come into or leave North Hollywood on Metro now, but the total is expected to increase as people move into District NoHo. Trammell Crow would be required to finish the public improvements and one building of affordable housing before constructing the offices, shops and market-rate apartments.

Source: Los Angeles Times November 17, 2019 13:02 UTC