MacArthur Park Transit-Oriented Development (2010)

Los Angeles, CA

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NMTC Amount: $9,275,042

Est. Total Project Cost: $9,275,042

COMMUNITY IMPACT

To begin to address this need in Los Angeles, McCormack Baron Salazar formed a complex public-private-community partnership to connect affordable housing to jobs and opportunities for working families, and provide a safe, livable, walkable community with services and retail for residents and riders. The result of this partnership is the MacArthur Park Transit-Oriented Development (TOD). The $44 million first phase includes 90 affordable apartments, approximately 15,000 square feet of retail, 100 commuter car parking spaces, 42 retail car parking spaces and 24 bicycle parking spaces. Phase B included an additional 82 affordable apartments, 15,000 square feet of retail, and a comprehensive bike parking facility.Phase B retail will share car parking with Phase A.

Project Map