ralphs delayed (again)

according to the latest los angeles downtown news, the opening of the downtown los angeles ralphs location is delayed until at least summer 2006. that has to hurt the folks who have been touting it as a big draw for residents. personally, i see it as an opportunity for smaller retailers to fill the niche, which i think would be much better for downtown in the long run.

also: the giant penny building to be converted to condominiums.

if (when?) the bottom drops out of this downtown development boom, it’s not going to be pretty.