A mixed use complex has been proposed for 1340 South Hill Street, in South Park. DevelUp Inc. is behind the project, which has been stalled for the last few years. The design has the potential to elevate the community with more ground floor retail and denser housing. The site is currently a large commercial building with a parking lot.
A new residential project is under construction at 2500 Rosecrans Avenue in Gardena. The project proposal includes the development of townhomes on a site replacing a single-tenant commercial building. Local firm G3 Urban is the project developer.
A new modular housing project is taking shape at 5123 South Broadway in South Park, Los Angeles. The project proposal includes the development of modular units. The project replaced a mortuary on the site. The project is a joint venture between HBG Construction Corp. and Aedis Real Estate Group. KTGY Architecture + Planning is responsible for the design concepts. The same developer is building similar projects in Willowbrook and Hyde Park.
A two-tower development breaks ground at 3545 Wilshire Boulevard in Koreatown, Los Angeles. The project proposal includes the development of two high-rise buildings offering residential units, retail, commercial, and parking spaces. Jamison Services Inc is the project developer. Gruen Associates is responsible for the design concepts.
Work remains stalled at 1155 South Olive Street, in Downtown Los Angeles. Developers Mack Urban and AECOM Capital last resubmitted plans in 2018, and received financial incentives in 2019 from the city, but permits have yet to be filed. When completed, the site will bring a new hotel to the area, which the City estimates will generate $34.6 million in net new revenue for the City, including construction, during the first 25 years of operation.
