Jordan Downs Redevelopment

Retail & commercial space that incorporates full-service grocery stores, restaurants, and retail shops.

Investment

  • NMTC Amount: $40,750,000
  • Total Project Cost: $48,398,580

IMPACT

  • 344 FTE jobs
  • 422 construction jobs

Investor

Project Description

Retail & commercial space that incorporates full-service grocery stores, restaurants, and retail shops. In addition to job creation, the project will provide opportunities for training and advancement, jobs and benefits for low-income persons, and goods and services for low-income communities.

The Jordan Downs Plaza is a public/private partnership and part of the Jordan Downs revitalization project in the South Los Angeles neighborhood of Watts. The revitalization project is a mixed-use, mixed-income redevelopment of a 1950s-era community that will maximize solar opportunities, energy efficiency, environmental sustainability and include substantial community spaces. The project is part of a five-phase masterplan and provides much-needed commercial space – including a grocery store, gym and retail shops, as well as more than 300 new permanent and construction jobs for area residents.

MAP

Address: 9800 Laurel Place, Los Angeles, CA 90002

Census Tract: 6037242100

Other California Projects

The construction of the exhibits for the new 200,000 sq. ft. Samuel Oschin Air and Space Center.

The Navigator Watsonville Preparatory Charter School leased and renovated a portion of the first floor and the entire second floor of a commercial building in downtown Watsonville, CA to be

NMTC financing supported the Mission Neighborhood Centers project.

St. Vincent de Paul Society is an international, independent Catholic Charity founded in 1883 by Frederick Ozanam in Paris, France. The Mission of St. Vincent de Paul Roseville is to