Developer Tom Dean is abandoning his plan to build a Home Depot-anchored shopping center on the edge of the Los Cerritos Wetlands as part of a settlement that will also reimburse much of the legal fees incurred by the two organizations that successfully sued to stop the project.
The District Weekly learned of the settlement Thursday [...]

The proponents of a dramatic mixed-use redevelopment of the drab-and-dying southwestern corner of Second Street and Pacific Coast Highway acknowledged Tuesday evening that their plan is dependent on receiving permission from the city to ignore many current zoning laws.
“We are aware if our project goes ahead it will probably have to go ahead under a [...]