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Los AngelesElon Musk can never quite live up to his company’s name. The Boring Co. has announced preliminary plans to build an underground high-speed zero-emissions tunnel from the Eastside of Los Angeles to Dodger Stadium. The 3.5-mile project has plenty to get excited about: it would reduce the traffic to Dodger Stadium, the commute time to four minutes and carbon emissions in a city plagued by traffic and smog, all for about $1 per trip. The potential impacts are significant, but one of the most innovative things about the project is a private company leading a mass transit project in Los Angeles. If successful, the project could serve as a blueprint for more private-public partnerships, as we’ll call them, in Los Angeles, and potentially more innovation.

“There have been various public-private partnerships, but in Los Angeles, I haven’t seen anything of this scale, complexity or cost with a private entity leading the charge,” Fernando Villa, a partner at Allen Matkins, tells GlobeSt.com. “It is typically public agencies that lead the charge. This is a nice precedent-setting kind of project that could, if successful, be the blueprint for similar public-private partnerships.”

The Boring Co. isn’t wasting any time getting started. They have a public meeting today that will kick off the environmental review process. Of course, this project isn’t without challenges, starting with the land-use. The Boring Co. plans to use public right-of-way or buy or lease private land to make the tunnel and the corresponding stations. “Provided there are public rights of way, you will have to enter into those agreements with the city and others that own the public rights of way. There maybe some private land acquisitions that need to be undertaken,” says Villa. “The Boring Co. might be able to do that on its own of it would have to enter into a arrangement with the city to exercise its power of condemnation. The city has those powers within certain limitations, and one of those limitations is that there has to be a public purpose. In this case, it creates its own set of challenges. Condemnation might not be necessary; after all, this is all subterranean. This might be able to be done through public rights of way and private property negotiations, but these are the first round of land-use challenges the Boring Co. would need to overcome.”

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Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.

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