City officials select market-rate housing proposal for vacant South LA site

The decision to forego two other plans that included affordable housing could be a difficult pill to swallow for Mayor Eric Garcetti

Los Angeles /
Mar.March 20, 2018 04:00 PM
The South Los Angeles lot

A mixed-use development with 160 market-rate units could rise on a South Los Angeles lot that has sat vacant for nearly a quarter-century.

Earlier this month, the city’s Economic and Workforce Development Department asked Mayor Eric Garcetti and the City Council to sign off on the proposal for the two-acre site at 9402-9422 S. Broadway, after selecting it in a competitive bidding process, Urbanize reported.

Along with the market-rate housing, the proposal by 94B, LLC — a partnership between Datum Development, Bollenbach Investments, Community Health Councils and New York-based Morphosis Architects — calls for a grocery store, hydroponic farm and retail space for the site at the corner of 94th Street.

City officials chose the 94B proposal over two others that both included affordable housing. That could be a difficult pill to swallow for the mayor, who has prioritized affordable development during his tenure. Affordable developer LINC Housing Corporation proposed 77 affordable units for the site and Nvision Development Group proposed 70.

The site was originally part of a 4.2 acre lot, but two of those acres have been developed into affordable housing over the years. Parties twice hatched plans for a grocery store on the site to serve those developments and the surrounding community, once in 2010 and again in 2013 after the city acquired it, but neither ever materialized. [Urbanize] – Dennis Lynch 


Related Articles

arrow_forward_ios
Councilman John Lee and 10243 N. Topanga Canyon Boulevard (Facebook/CouncilmemberJohnLee, Google Maps)
Housing project for homeless vets gets pushback
Housing project for homeless vets gets pushback
Continuum Partners CEO Mark Falcone and the development site (Continuum, iStock, Google Maps)
Continuum Partners plans $2B megaproject to transform Arts District
Continuum Partners plans $2B megaproject to transform Arts District
Los Angeles Planning Commission approves Hollywood zoning changes. (iStock)
Planning Commission OK’s changes to Hollywood zoning, land use
Planning Commission OK’s changes to Hollywood zoning, land use
The rail project had its genesis in the late 1990s but has faced numerous delays. (iStock, Getty)
Land purchases could delay high-speed rail 2 years: contractor
Land purchases could delay high-speed rail 2 years: contractor
Palari Group CEO Basil Starr and Mighty Buildings CEO Slava Solonitsyn with renderings of the project (Palari)
Developers tout 3D-printed houses in Coachella Valley as “zero net energy”
Developers tout 3D-printed houses in Coachella Valley as “zero net energy”
Rendering of Figueroa Centre (right) with an aerial view of the vacant site at 911-927 South Figueroa Street (Google Maps, CallisonRTKL/Illustration by Kevin Rebong for The Real Deal)
A Genting scion’s plans for a DTLA supertall were quietly shelved. What happened?
A Genting scion’s plans for a DTLA supertall were quietly shelved. What happened?
Related Fund Mangement’s Managing Principal Justin E. Metz and a rendering of Cross Creek Ranch. (Jay Luchs, Related)
Malibu’s largest commercial project nabs $130M construction loan
Malibu’s largest commercial project nabs $130M construction loan
Rescore Property Corp. Managing Principal Arthur Falcone and a rendering of the project (iStock)
Hollywood apartment development lines up $138M loan
Hollywood apartment development lines up $138M loan
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...