L.A. River 'Crown Jewel' Parcel Purchase on the Horizon
September 2, 2014 - Though previous budgets set aside for the G2 Parcel purchase had been deprioritized in favor of other projects last year, it seems there is a determination to acquire the last remaining parcel of land in the Taylor Yard rail complex, which has been owned by Union Pacific since the early 1900s. "This parcel is a crown jewel in our plans to restore the Los Angeles River, and I'm proud to have made acquisition of it a top priority for the city," said Mayor Eric Garcetti in a statement. "This site represents a large amount of open space that will help us free the river from its concrete straight jacket and connect local communities to its natural beauty."
All this signals a serious attempt to finally secure this elusive 41-acre piece of land in the vicinity of the Los Angeles River on 2070 North San Fernando Road in Cypress Park.
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