What are the chances of redevelopment in California being revived (if any)?

[jabba rookie]

Would certainly help in terms of job prospects.

[LAplanner]

I don't think redevelopment agencies will be coming back as they were any time soon. That said, there is some movement in Sacramento to get Tax Increment Financing as an option for cities. Darrell Steinberg who helped pass SB 375 is the one working on it. They talked about this at a conference hosted by Move LA (movela.org) last week. Check out this article if you're interested:

http://www.citywatchla.com/lead-stor...y-is-on-a-roll