Los Angeles, CA (2011)

One Santa Fe

The new construction of the commercial component of One Santa Fe, a mixed-use, transit-oriented development in the Arts District, a low-income community within Downtown Los Angeles.

Investment

  • NMTC Amount: $37,450,000
  • Total Project Cost: $37,450,000

IMPACT

  • 400 FTE jobs
  • 358 construction jobs
  • 77,000 sq. ft. of real estate

Investor

Project Description

This project entailed the new construction of the commercial component of One Santa Fe, a mixed-use, transit-oriented development in the Arts District, a low-income community within Downtown Los Angeles. The project comprises 77,000 sq. ft. of commercial space supporting 438 rental residential units.

The commercial component created 293 permanent jobs, 51% of which was held for low- to moderate-income individuals. It also generated 358 construction jobs.

The project promotes sustainable growth in Los Angeles. Additionally, the project brings a grocery store and convenience retail to a low-income community that is under served in these areas.

MAP

Address: 100 South Santa Fe Avenue, Los Angeles, CA 90012

Census Tract: 6037206031

Other California Projects

San Francisco, (2008)