A residential building boom is exploding near Northridge Fashion Square, where the construction of nearly 2,000 apartments and condos is expected to worsen traffic congestion and result in the demolition of a venerable Kmart store. Three of the projects are mixed use, with residential units built atop retail space. The fourth is a senior-citizens complex that includes a wing for assisted-living tenants. Developers of the four complexes say they’re proceeding despite the nationwide slump in home construction, with the projects’ proximity to restaurants and the regional mall giving them the impetus to build. For the full story visit www.dailynews.com/ci_10027386
Are Northridge projects boon or bane?