Crenshaw Corridor Development Boom Approaching?
By E2 Development, December 2014:
There has been a lot of new development planned for the central part of the Crenshaw corridor between the 10 freeway and Manchester Blvd. First was the under-construction Metro Crenshaw Line, which will connect to the existing Expo Line and Green Line. These connections will serve destinations along Crenshaw and connect to points in Downtown, El Segundo, Culver City, and Santa Monica to name a few. As predicted, there have been many new developments in the pipeline seeking to capitalize on the area’s newfound connectivity to the region.
The most recent and most ambitious plan comes from Capri Capital Partners, the owner of Baldwin Hills Crenshaw Plaza. Recently, they announced plans to redevelop much of their 43-acre property into a mixed-use campus featuring open air retail, offices, and a hotel tower, all of which will be surrounded by new multi family housing.
The current mall, anchored by Macy’s, Walmart and Sears will be upgraded and remain a central feature of the project. The new developments will replace existing surface parking surrounding with the pedestrian friendly open retail village fronting the southeast corner of the site. Plans call for 961 new apartments and condos and roughly 148,000 square feet of office space.
This new project joins other high profile developments along the corridor, continuing the strong momentum for the area. Just across the street from the Baldwin Hills Crenshaw Plaza, the proposed Kaiser Permanente outpatient center will be completed sometime in 2016. Just up the block another retail center, District Square, is being developed by The Charles Company and is taking shape near the northern terminus of the Crenshaw Line at Exposition. Most recently, this part of the Crenshaw just played a major role in helping host the first CicLaVia in South Los Angeles.