In April state Senator Leland Yee gave up on trying to sell the state-owned Cow Palace for development and instead settled for “a compromise plan” that would have allowed an adjoining overflow parking lot (above) to be sold to Daly City and developed.
On Tuesday the governor vetoed the bill that would have allowed the sale. The palace’s Board of Directors now plan to lease the state’s land to a developer instead.
∙ Much Ado Over Nothing (Except An Overflow Cow Palace Parking Lot) [SocketSite]
∙ Bill allowing Cow Palace parking lot sale vetoed [San Francisco Examiner]
Wow. 1,000+ potential housing units. Just. Sitting. There.
maybe selling property while the cycle is in a slump isn’t the brightest? Arnold may have a few brains.
I thought they weren’t making any more land.
They are making plenty of more land in Daly City.
I would rather live in Los Angeles than down in that area.