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The only new development has been an enormous outlet of the discount supermarket Sklavenitis.
"Contract activity on new development has been much harder hit than co-op resales because of credit," Mr. Miller said.
Most new development has been frozen because of concerns that the lake, on the California-Nevada border, is losing its crystalline clarity.
The new history center will also be in the Trinity neighborhood but on Zion Street at its western edge, where new development has been virtually nonexistent.
While the new development has been welcomed by many of the neighbourhood's residents, feedback from visiting tourists may be less positive.
On both sides of the Atlantic, a striking new development has been the rise in the number of philanthropic foundations (see chart 3).
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Details of the new development have been published in the journal Organic Electronics.
Regeneration in London appears to be having some positive impacts: new developments have been built on sites that were once industrial, and long-term population decline has been reversed.
From modern towers in Panama City to beachfront enclaves dotting the country's coasts, new developments have been attracting a steady stream of second-home buyers and retirees from across North America.
In January, the Guardian revealed that 80% of riverside apartments in a series of new developments had been sold to overseas investors rather than London homebuyers, while a separate luxury development in south-east London caused uproar when it boasted in an advert aimed investors in Hong Kong that it contained no social housing.
Many of these new developments have been opposed by local groups, which accuse the Corporation of being still secretive, undemocratic and unaccountable.One successful property developer, used to dealing with the Corporation, accuses it of still being riddled with restrictive practices, and overall "a bit of a nightmare to deal with".
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