Honda is getting the hell out of dodge.
Dodge, in this case, is Downtown Los Angeles’ Figueroa Corridor, where Honda and other car dealerships currently call home. But according to documents from City Planning, as cited by Urbanize, Honda is planning to relocate to a new facility near Exposition Park.
The development of Honda’s new site, located at the intersection of Martin Luther King Jr. Boulevard and Hoover Street, is slated for completion in 2021.
Honda’s current storefront at 1540 South Figueroa Street is owned by an LLC associated with Robert Branzuela, the director of the California Motor Car Dealers Association. It’s unclear what the future has in store for this space, but several surrounding properties have been turned into residential complexes.
Across the street, Toyota of Downtown Los Angeles is also looking to relocate after parking garage developer L&R Group acquired the site for $30 million in April. It’s been reported that L&R may transform the property into a multi-level parking garage with ground floor commercial space. [Urbanize] — Cathaleen Chen