Proposed low-cost housing site in Anaheim sold to hotel developer in resort district

Posted | Contributed by Jeff

The site of a proposed low-cost housing project near Disneyland that ignited a firestorm of protest has been sold to a Texas hotel developer. Renaissance Development, a Fort Worth company with more than $1 billion in past projects, said Thursday that it planned to build three upscale hotels and restaurants, shops and pubs on the 26-acre parcel. The sale could signal an end to a battle that has divided Anaheim over the last 18 months.

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