News Summary
The Fourth & Central mixed-use development in Los Angeles aims to combat the housing crisis with 1,589 residential units, including affordable housing. With an estimated cost of $2 billion, this project will also create thousands of jobs and enhance community spaces near the Arts District and Little Tokyo. Supported by state and local leadership, it represents a significant step towards sustainable urban planning and revitalization of industrial zones.
Los Angeles is poised to see a transformative shift in its housing landscape with the proposed Fourth & Central mixed-use development, slated to cost an estimated $2 billion. This ambitious project aims to alleviate the city’s ongoing housing crisis while stimulating the local economy. It is set to debut near the Arts District and Little Tokyo, covering a sprawling 7.6-acre industrial site.
The Fourth & Central project plans to create a total of 1,589 residential units alongside office spaces, retail outlets, and green areas. Among these residential units, 214 will be designated as affordable housing, helping to address the urgent need for low-income options in the city. In addition to residential amenities, the project aims to enhance community-serving retail amenities and public open spaces.
The economic implications are significant, as the development is expected to generate over 10,000 construction jobs through a Project Labor Agreement designed to promote union jobs for local residents from historically underrepresented communities. Furthermore, it will create around 4,000 permanent jobs, driving further economic growth in Los Angeles. The project is anticipated to contribute new tax revenue for both the City of Los Angeles and Los Angeles County, which could support public services and infrastructure development.
The project has garnered support from notable stakeholders, including California Governor Gavin Newsom and LA Mayor Karen Bass, who both commend the commitment to labor agreements and sustainable practices. An extensive outreach effort by the development team has incorporated community feedback into the design process, leading to modifications such as the reduction of building heights and enhancements for pedestrian access. If approved by the Los Angeles City Planning Commission on October 9, this development could become the largest apartment construction project currently underway in the city.
As Los Angeles grapples with a severe housing affordability crisis, Fourth & Central positions itself as a potential solution. Since 2021, the county has completed fewer than 100,000 housing units, significantly insufficient for the skyrocketing demand. This project seeks to creatively repurpose aging warehouse zones, ensuring no current residents are displaced in the process. With multifamily occupancy rates in Downtown LA remaining high but commercial office vacancies hovering around 21%, this project could catalyze further residential development within the area, potentially leading to an additional 200,000 residential units in adjacent industrial zones.
The Fourth & Central project will consist of ten buildings, ranging in height from two to 30 stories. The design, emphasized by the acclaimed architect Sir David Adjaye, aims for a modern aesthetic alongside functional urban living. An internal network of paseos and parks will be strategically integrated into the development, improving connectivity to nearby neighborhoods and public transit systems.
Overall, Fourth & Central is not just a construction project; it represents a concerted effort to rethink urban planning and development in Los Angeles with a clear focus on density, sustainability, and the importance of community engagement. Should it move forward, it may serve as a model for future projects aiming to meet similar housing demands while maintaining an inclusive approach.
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Additional Resources
- Daily News: Fourth Central in Downtown Los Angeles Deserves Support
- Hollywood Reporter: Star Wars Celebration 2027 in Los Angeles
- CoStar: Largest Apartment Projects in Los Angeles
- Encyclopedia Britannica: Housing in Los Angeles
- LAist: Best Things to Do Fourth of July Weekend in Los Angeles
- Google News: Los Angeles Housing Crisis
Author: STAFF HERE HOLLYWOOD
The Hollywood Staff Writer represents the experienced team at HEREHollywood.com, your go-to source for actionable local news and information in Hollywood, Los Angeles County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as the Hollywood Bowl summer concerts, the Hollywood Christmas Parade, film premieres at TCL Chinese Theatre, and festivals at the Magic Castle. Our coverage extends to key organizations like the Hollywood Chamber of Commerce and Visit Hollywood, plus leading businesses in entertainment, dining, and tourism that define the local economy. As part of the broader HERE network, including HERELosAngeles.com, HEREBeverlyHills.com, HEREAnaheim.com, and HEREHuntingtonBeach.com, we provide comprehensive, credible insights into Southern California's dynamic landscape.
