One of the key recommendations made by the master plan was the establishment of a non-profit development corporation, with a board appointed by the then Mayor Antonio Villaraigosa and certain members of L.A. City Council, to carry out many of its recommended projects. In September 2009, the first board meeting of the LA River Revitalization Corporation was held. Startup funding was provided by the CRA. Harry B. Chandler was elected first chair of the board, and Omar Brownson was hired in 2010 to be the founding Executive Director. The first development project undertaken by LARRC was creating a public-private partnership to create the first pedestrian, bike and equestrian bridge across the river. Developer Mort La Kretz provided the seed financing for the bridge, which was built next to the 5 freeway in the Elysian Valley by the Los Angeles Bureau of Engineering and completed in 2020.