Real Estate Development and Environmental Consciousness
My colleague Matt Parlow has a new article suggesting that real estate developers are becoming more sensitive to environmental concerns. The article, “Greenwashed: Developers, Environmental Consciousness, and the Case of Playa Vista,” appeared as part of a terrific symposium issue of the Boston College Environmental Affairs Law Review on “The Greening of the Corporation.” (The entire issue is available here.) Matt’s article centers on a fascinating case study of Playa Vista, an enormous (and enormously controversial) mixed-use development project in Los Angeles near environmentally sensitive wetlands.
As Matt relates in the abstract to his article, he finds the Playa Vista saga to be a hopeful one: