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Los Angeles, CA (2018)

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

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