With City Council approval, Baldwin Hills mall set to become mixed-use complex

Project has been the subject of a gentrification debate

TRD LOS ANGELES /
Jun.June 29, 2018 08:05 AM
Rendering of redeveloped Baldwin Hills Crenshaw Plaza and Capri Capital Partners exec Quintin Primo (Credit: Department of City Planning)

UPDATED, Friday, June 29, 2018: Capri Capital Partners has won approval to redevelop the Baldwin Hills Crenshaw Plaza into a mixed-use complex featuring condos, hotel rooms, offices and retail.

The Los Angeles City Council signed off on the project Wednesday, nearly a year after the Planning Commission voted in its favor. The Los Angeles Times first reported the story.

Once completed, the 43-acre site will include 961 condos and apartments, a 400-key hotel,
300,000 square feet of retail and restaurant space, and a 10-story office building. The indoor mall and movie theater on the site will remain intact.

South L.A. residents strenuously resisted the $700 million redevelopment project, fearing it would boost gentrification in the area. Supporters, meanwhile, argued the redevelopment could draw new interest in the area, allowing it to compete with online retailers and other malls.

To gain approval, Chicago-based Capri agreed to set aside 10 percent of the apartments and for-sale units to low-income residents. Specifically, 10 percent of the condos will be available for residents making 150 percent of the area’s median income. That translates to up to $130,000 for a family of four.

The city also mandated that local residents account for at least 30 percent of the workforce hired to build and run the project. Capri will also have to pay $2 million to Los Angeles Trade Technical College for educational programs, plus another $1.5 million to the council district for local improvements.

The Baldwin Hills shopping mall, built in the 1940s, is adjacent to the future Metro Crenshaw Line station. Capri purchased the property on behalf of investors in 2006, and later completed a multimillion-dollar upgrade to the mall.

Elsewhere on the Westside, another aging mall is slated to become office space. Hudson Pacific Properties purchased the Westside Pavilion on Pico Boulevard earlier this year, announcing a plan to convert the 500,000-square-foot retail site into creative offices. [LAT] — Natalie Hoberman


Related Articles

arrow_forward_ios
Joshua Golcheh

The way out: Developer cites coronavirus in suit to exit OC shopping center deal

The way out: Developer cites coronavirus in suit to exit OC shopping center deal
Rick Caruso, the Grove mall (Credit: Donato Sardella/Getty Images, and CARUSO)

If you clean it, will they come? Rick Caruso’s visible plan to reopen malls & resorts

If you clean it, will they come? Rick Caruso’s visible plan to reopen malls & resorts
Macerich CEO Thomas O’Hern, Carson Mayor Albert Robles, and a rendering of the site

$400M mall brawl: Simon Property Group, Macerich sue city of Carson

$400M mall brawl: Simon Property Group, Macerich sue city of Carson
Old Navy is facing two new lawsuits (Credit: iStock)

Mall owner sues Old Navy for abandoning ship

Mall owner sues Old Navy for abandoning ship
Macerich CEO Thomas O’Hern, Carson Mayor Albert Robles, and a rendering of the site

$400M mall brawl: Simon Property Group, Macerich sue city of Carson

$400M mall brawl: Simon Property Group, Macerich sue city of Carson
Gavin Newsom (Credit: Emma McIntyre/Getty Images)

Retailers and some offices could open first in Newsom’s reopening plan. But there’s a catch

Retailers and some offices could open first in Newsom’s reopening plan. But there’s a catch
Rick Caruso (Credit: Tiffany Rose/Getty Images for Caruso Affiliated)

Some retailers and malls won’t survive the coronavirus shutdown

Some retailers and malls won’t survive the coronavirus shutdown
From left: Michael Shabani, James Randall, and 8840 Beverly Boulevard (Credit: Getty Images)

Investor James Randall pays $36M for WeHo furniture showroom

Investor James Randall pays $36M for WeHo furniture showroom
arrow_forward_ios

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

Loading...