"DEVELOPMENT: Meta Housing paints new affordable units as artists colony in bid to boost San Pedro district. Paul Habibi, a lecturer at UCLA’s Anderson School of Management, said any kind of workforce or affordable housing in Los Angeles, whether it is for artists or not, is both scarce and necessary. And while the Space District is flush with galleries, theaters and market-price live-work spaces, San Pedro has a hard time attracting businesses to the areas just outside the district’s borders, especially on Pacific Avenue. Habibi said that San Pedro might not be as hot as other coastal markets, but that is bound to change..."
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