Bowling alley won’t be spared if proposed Torrance retail center is approved

The development, on property Ivanhoe Investment owns, would be among the first new outlet centers in Greater LA in years

May.May 15, 2019 10:00 AM
The bowling alley that will be demolished in Torrance (Credit: Google Maps)
The bowling alley that will be demolished in Torrance (Credit: Google Maps)

A 60-year-old bowling alley in Torrance won’t be spared if the city approves a new retail complex under consideration, which would be anchored by an Aldi grocery store, and include a Chick-fil-A restaurant.

The proposed 25,700-square-foot complex would replace the Palos Verdes Bowl at 24600 Crenshaw Boulevard, according to a filing. The new development would rise on the corner of Amsler Street, and include the 18,800-square-foot Aldi grocery store, 3,700-square-foot Chick-fil-A and a 3,150-square-foot bank.

The property is owned by Industrial Bowl Corp. and Ivanhoe Investment, which is managed by Lois J. Cox, according to records. The proposed development’s applicant is listed as Frank Coda. He did not return requests for comment.

The 40,100-square-foot bowling alley is still in operation on the 3-acre lot. The Torrance Planning Commission was expected to consider the proposed development this week.

The proposal comes as brick-and-mortar retail centers continue to struggle, and as more big-box locations stores shut down. A new CBRE report on the Greater Los Angeles retail market showed it has been four years since the construction of an outlet center was completed.

Torrance, however, has seen more office and industrial activity. The office space at the Gateway Towers sold for $106.5 million in October, and Prologis purchased 31 acres of industrial land for $49.3 million in September.

Related Articles

Mayor Eric Garcetti and SoFi Stadium Justin Sullivan and Scott Varley/MediaNews Group/Torrance Daily Breeze via Getty Images)

LA will shut down construction sites that don’t follow COVID-19 guidelines

Eric Garcetti orders a moratorium on LA commercial evictions (Photo credit: iStock photo)

Garcetti orders a moratorium on commercial evictions in LA

LA promo

Coming Soon: The Real Deal Los Angeles’ Winter 2020 issue!

Architect Simon Park and a rendering of the project (Credit: SSPSTUDIO ARCHITECTURE & URBAN DESIGN)

Boyle Heights slated for another mixed-use project

Monica Rodriguez orchestrated the nixing of a residential project set for the Verdugo Hills Golf Course (Credit: Google Maps, Wikipedia)

The threat of fire doomed this Tujunga resi project. Now the developer will sue

From left: Howard Schwimmer and Michael S. Frankel, with 1601 W. Mission Boulevard and 2757 E. Del Amo Boulevard (Credit: Google Maps)

Rexford Industrial adds to LA portfolio with $100M in acquisitions

Andrew McDonald and At Mateo in the Arts District

Cushman’s West Coast chief talks expansion, DTLA market, the death of the starving baby broker & more

3339 Exposition Blvd. and Asher Luzzatto

Luzzatto Co. assembling creative office hub in West Adams