Developer Rick Caruso says he might run for L.A. mayor
Americana at Brand developer Rick Caruso on Wednesday said he would consider running for mayor of Los Angeles when Antonio Villaraigosa is termed out of office in June 2013.
Speaking at a business conference, Caruso told the audience that running for mayor “is something I am interested in doing.”
“Honestly, it is something I would like to do,” he said.
Caruso, perhaps best known for being the billionaire developer of the Grove in Los Angeles and the Americana in Glendale, had considered a similar run in 2008 but eventually decided against it, clearing the way for Villaraigosa to win a second term.
At the time, Caruso cited the potential burden of public life on his family and two young daughters. His personal fortune, business connections and name recognition had made him a potentially strong challenger.
At the business conference Wednesday, he said he would not spend $100 million-plus on his own campaign — a reference to gubernatorial candidate Meg Whitman, who at $119 million this month shattered the record for the most money donated by a candidate to his or her political campaign in U.S. history.
-- Bill Kisliuk, Times Community News
Photo credit: Los Angeles Times