Category: Development News

Plans Submitted For ‘Innovative Housing’ Development Along Western Avenue

Innovative Housing Opportunities (IHO) formally submitted plans for an ambitious 160-unit affordable housing development located at 8701 S Western Avenue. The proposed mixed-use development called ‘SOLA at 87th’ will feature 160 one-, two-, and three-bedroom units spread across an 84,150-square foot (SF) site which currently consists of several vacant lots and a closed Bank of…
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New Renderings Revealed For ‘Crenshaw Crossing’ Development Project

As first reported by Steven Sharp for Urbanize LA, new renderings for a massive mixed-use development in the Crenshaw District surfaced this week, after the Department of Recreation and Park (RAP) signed off on their portion of the approval process. The committee’s approval represents another hurdle cleared on the entitlement application submitted by co-developers West…
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Is Amazon Grocery the ‘mystery store’ coming to Ladera Heights?

Growing speculation points to Amazon Grocery as the new “mystery tenant” at a major redevelopment project underway in Ladera Heights. Rumors surrounding Amazon’s arrival have increased in recent weeks following the announcement that Smart & Final had officially backed out of their lease agreement with The Interchange at La Cienega.   Should Amazon sign on…
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City of Inglewood Provides Updated Plans For Elevated ‘People Mover’

Looking to build the infrastructure required to transform the city around the Sports and Entertainment district, Inglewood officials recently presented updated plans for an automated people mover. First announced in 2018, the proposed monorail-like system would connect the Crenshaw/LAX Line with the Forum, Sofi stadium complex, and the recently approved Clippers arena. According to a recent…
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$450 Million development near USC gets city approval

Located in the heart of South Los Angeles, the area surrounding USC’s campus is no stranger to commercial development projects. The latest development, Exposition Point, cleared a major hurdle when the city approved the $450 million project proposed by an Irvine-based developer – Ventus Group. The mixed-use development, located directly across from Banc of California…
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Local Broker Helps Social Impact Fund Buy Office Campus in Baldwin Hills for $35M

4S Bay Partners, a Chicago-based investment firm, recently purchased a 3.27-acre office campus in the Baldwin Hills/Crenshaw area for $35 million. According to an article published by the Commercial Observer, the site located at 3731-3761 West Stocker Street consists of four two-story office structures totaling approximately 80,000 square feet. Representing the buyer in the transaction…
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Courtyard Marriott Coming to Exposition Park

Marriott CEO Arne Sorenson and an aerial of the property (Credit: Google Maps)

A local investment firm this week filed plans to build a 168-key Courtyard Marriott hotel near the University of Southern

Hollywood hotel developer to convert church into 87-unit affordable housing complex

The Relevant Group recently filed plans to build an 87-unit affordable housing complex in South Los Angeles. The development site located at 4225 S. Broadway was originally purchased by the Hollywood-based developer in July for $1.5 million.

Developer submits plans for 79-units on Crenshaw

South Los Angeles developer Haroni Investments has filed plans to build a 79-unit mixed-use apartment along Crenshaw Boulevard. The proposed five-story building is the latest in a string of development projects that Haroni has put forward over the last two years in South LA.

Hollywood Park Signs First Retail Tenants

Hollywood Park’s developers announced the first retail tenants for the outdoor complex adjacent to the new football stadium. Inglewood-based Three Weavers Brewing will join Olympix Fitness and movie theater operator Cinépolis as the first three tenants in the 500,000-square foot retail district.