A new two-building project on the south side of Crenshaw and Exposition boulevards could bring 492 residential units and commercial and retail space to two Expo Line-adjacent properties.
The Source reports that, in addition to market-rate housing, 15 percent of the project’s housing units—73 apartments—will be available to tenants making 50 percent or less of the area median income.
Also included in the project: about 47,500 square feet of open space, a grocery store, a locally owned and operated restaurant, a mobility hub, and a “business incubator-type space.”
The project is a collaboration between Metro, Los Angeles County, and the developer Watt Companies. The new structures would rise on two parcels—one vacant, and one occupied by a county probation office.
The site is not only close to existing bus routes and the Expo Line, but will also be a stone’s throw from the future Crenshaw Line, which will have an underground station at Exposition and Crenshaw when it opens in 2019.
Metro wants to enter into a six-month negotiating period with Watt Companies. During that time, Watt would hold public hearings on the project and Metro’s Board of Directors and the LA County Board of Supervisors would consider the development.