California Senate President pro Tempore Kevin de León (D-Los Angeles) has announced that the state is providing $25 million to purchase land known as the “G-2 parcel,” which is considered the “crown jewel” of the L.A. River restoration project.
The state has set aside $25 million in unused park and water bond funds to acquire the property, and the funds were secured by de León in the state budget. The Santa Monica Mountains Conservancy (SMMC) applied for the funds and is partnering with the city of Los Angeles to help manage the purchase and acquisition.
The G-2 parcel is a former Union Pacific property north of downtown Los Angeles where the river bends near Silverlake. The parcel is considered a lynchpin acquisition in the broader restoration of the river, de León said.
“Revitalizing the L.A. River will transform the entire city. The possibilities moving forward are endless and I can’t wait to see the outcome,” de León said. “As we prepare to enter the fifth year of a historic drought, there is no better time to think about the role of the L.A. River as a resource for our communities, both in terms of its potential for regional water reclamation and conservation, and the important creation of natural recreational spaces for urban communities.”
The plan is to convert the 44 acres of land into river parkways and build an environment for natural plants to flourish. SMMC will play an active role in ensuring the parcel is managed so it is meeting with the bond conditions and state standards for open space and habitat, according to de León.
In addition to funding to purchase the G-2 parcel, California voters have committed $100 million for L.A. River restoration through Proposition 1.
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