Crenshaw Boulevard

Total by Verizon Continues Rapid Retail Expansion, with 50 Exclusive Stores in Greater Los Angeles this Month

Retrieved on: 
Wednesday, September 20, 2023

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20230920936445/en/
    Beginning September 20, rideshare drivers in Los Angeles can enter to win an extra $5 at https://ridesharesweeps.com/en/gate.
  • (Graphic: Business Wire)
    This month, Total by Verizon celebrates one year since it first launched to consumers, bringing no-contract wireless on the Verizon network to value-conscious consumers.
  • Since then, Total by Verizon has launched in more than 50,000 national retail locations and has opened hundreds of Total by Verizon exclusive stores throughout the country, with hundreds more planned for the remainder of the year.
  • With the new Inglewood Total by Verizon store opening, Verizon is proud to extend its commitment to the Los Angeles area.

Cityview and Stockbridge Commence Construction on 265-Unit Multifamily Development in Los Angeles’ South Bay

Retrieved on: 
Thursday, September 14, 2023

LOS ANGELES, Sept. 14, 2023 (GLOBE NEWSWIRE) -- Cityview , a premier multifamily investment management and development firm, and Stockbridge , a private equity real estate investment management firm, have commenced construction on Apollo, a 265-unit multifamily development in Los Angeles’ South Bay.

Key Points: 
  • LOS ANGELES, Sept. 14, 2023 (GLOBE NEWSWIRE) -- Cityview , a premier multifamily investment management and development firm, and Stockbridge , a private equity real estate investment management firm, have commenced construction on Apollo, a 265-unit multifamily development in Los Angeles’ South Bay.
  • Apollo’s comprehensive set of amenities will include a resort-style pool and spa deck featuring loungers, daybeds and sweeping views of the South Bay.
  • Construction financing for the project was provided by two long-term lenders of Cityview, City National Bank and Banc of California.
  • In addition to Apollo, Cityview’s other LA-based developments include The Parker, a 123-unit multifamily development in the heart of Los Angeles, and Belle on Bev, a 243-unit multifamily project in Los Angeles’ Historic Filipinotown (HiFi), both slated to deliver this year.

CIM Group and West Angeles Church Hold Groundbreaking for Mixed-Use Residential and Retail Development at Former Church Site on Crenshaw Boulevard

Retrieved on: 
Friday, June 30, 2023

The new residences and community-serving ground floor retail is being developed on the approximately 1.3-acre property, which was formerly the site of West Angeles Church’s north campus.

Key Points: 
  • The new residences and community-serving ground floor retail is being developed on the approximately 1.3-acre property, which was formerly the site of West Angeles Church’s north campus.
  • West Angeles has used the sale proceeds to fund its various church programs and initiatives, including the construction of a Family Life Center.
  • CIM Group has delivered a variety of developments in partnership with West Angeles Church that have created good jobs and attracted businesses to South Los Angeles.
  • Nearby, CIM Group is currently wrapping up construction at 3000 Crenshaw on an approximately 55,000-square-foot contemporary office building.

CIM Group Closes Another Land Acquisition from West Angeles Church on Crenshaw Boulevard, Plans Mixed-Use Residential and Retail Development

Retrieved on: 
Thursday, March 23, 2023

CIM Group announced today that it has acquired an approximately 1.3-acre property at 3045 Crenshaw Blvd.

Key Points: 
  • CIM Group announced today that it has acquired an approximately 1.3-acre property at 3045 Crenshaw Blvd.
  • which is entitled for a mixed-use development consisting of 168 apartment units, of which 17 will be affordable, and 40,000 square feet of ground floor retail.
  • The property, located just north of Jefferson Boulevard, is centrally located in Los Angeles and part of the historic West Adams neighborhood which offers dining, entertainment and community-serving retail and services.
  • After 43 years at its north campus location, West Angeles Church is consolidating facilities at its south campus location at Crenshaw and Exposition.

L.A. Business Council’s 52nd Architectural Awards Honor Design Projects That Build Community and Create Meaningful, Inclusive Spaces

Retrieved on: 
Thursday, December 1, 2022

The Los Angeles Business Council today announced the winners of its 52nd Architectural Awards, celebrating ambitious public and private projects that exemplify architectures unique power to build community, starting with inviting people to actively participate in the design process.

Key Points: 
  • The Los Angeles Business Council today announced the winners of its 52nd Architectural Awards, celebrating ambitious public and private projects that exemplify architectures unique power to build community, starting with inviting people to actively participate in the design process.
  • Community building was the driving force behind the Grand Prize winning Sixth Street Viaduct Bridge.
  • Replacing a landmark 1932 structure, the design is the product of an international design competition, emphasizing the Citys commitment to making the new bridge a true reflection of the community.
  • Destination Crenshaw, the nations largest art and cultural celebration of the African American community, won the prestigious Community Impact Award.

L.A. Care Health Plan and Blue Shield of California Promise Health Plan Hold Grand Opening of New Community Resource Center in Inglewood

Retrieved on: 
Thursday, September 8, 2022

INGLEWOOD, Calif., Sept. 8, 2022 /PRNewswire/ -- Today, L.A. Care Health Plan and Blue Shield of California Promise Health Plan celebrated the grand opening of their Community Resource Center in Inglewood at 2864 W. Imperial Highway, in the shopping center on Imperial Highway and Crenshaw Boulevard.

Key Points: 
  • INGLEWOOD, Calif., Sept. 8, 2022 /PRNewswire/ -- Today, L.A. Care Health Plan and Blue Shield of California Promise Health Plan celebrated the grand opening of their Community Resource Center in Inglewood at 2864 W. Imperial Highway, in the shopping center on Imperial Highway and Crenshaw Boulevard.
  • Blue Shield of California Promise Health Plan is a managed care organization, wholly owned by Blue Shield of California, offering Medi-Cal and Cal MediConnect.
  • For more information about Blue Shield of California Promise Health Plan, please visit www.blueshieldca.com/promise .
  • L.A. Care Health Plan serves more than 2.3 million members in Los Angeles County, making it the largest publicly operated health plan in the country.

Nine CDEs Honored for Making Transformational Investments in Properties

Retrieved on: 
Wednesday, June 8, 2022

SAN FRANCISCO, June 8, 2022 /PRNewswire-PRWeb/ -- Nine community development entities (CDEs) that made qualified low-income community investments (QLICIs) in four businesses have been named winners of the Novogradac Journal of Tax Credits QLICIs of the Year awards.

Key Points: 
  • This year's winning CDEs earned the awards for the following investments:
    Destination Crenshaw in Los Angeles as the Metro QLICI of the Year.
  • The winners will be honored at the Novogradac Spring New Markets Tax Credit Conference this week in Washington, D.C., and online.
  • "The winners are a wide range of properties and businesses, all in different parts of the country.
  • Tax, audit and consulting specialty practice areas for Novogradac include affordable housing, community development, historic rehabilitation and renewable energy.

Cityview Breaks Ground on South Bay’s Newest Multifamily Development

Retrieved on: 
Tuesday, May 24, 2022

GARDENA, Calif., May 23, 2022 (GLOBE NEWSWIRE) -- Cityview , a vertically-integrated multifamily investment management and development firm, officially broke ground on its new multifamily development, South Bay X, today with the City of Gardena and Gardena Mayor Tasha Cerda.

Key Points: 
  • GARDENA, Calif., May 23, 2022 (GLOBE NEWSWIRE) -- Cityview , a vertically-integrated multifamily investment management and development firm, officially broke ground on its new multifamily development, South Bay X, today with the City of Gardena and Gardena Mayor Tasha Cerda.
  • Acquired in partnership with Stockbridge , South Bay X is a fully entitled development opportunity for sustainable multifamily housing in Gardena, CA.
  • Were grateful for Cityviews expertise in sustainable multifamily development and knowledge of the surrounding area as our community grows.
  • After breaking ground several months ahead of schedule, South Bay X is anticipated to be completed in early 2025.

THE TEAM BEHIND THE STOCKER STREET CREATIVE DEVELOPMENT ANNOUNCES SPONSORSHIP OF THE PAN AFRICAN FILM FESTIVAL FOR OPENING NIGHT FESTIVITIES

Retrieved on: 
Tuesday, February 15, 2022

LOS ANGELES, Feb. 15, 2022 /PRNewswire/ -- Theteam helming the redevelopment of the Stocker Street Creative (SSC) project in Baldwin Hills is excited to announce its platinum sponsorship for the opening night festivities of the 30th annual Pan African Film Festival (PAFF).

Key Points: 
  • LOS ANGELES, Feb. 15, 2022 /PRNewswire/ -- Theteam helming the redevelopment of the Stocker Street Creative (SSC) project in Baldwin Hills is excited to announce its platinum sponsorship for the opening night festivities of the 30th annual Pan African Film Festival (PAFF).
  • The Pan African Film Festival has been plugged into Black culture to showcase work from Hollywood to Nollywood.
  • She added, "Stocker Street Creative will be an inclusive place where members of the local creative community can develop projects that tell their own stories authentically, and without diffusion."
  • Gearing up for its 30th anniversary, the Pan African Film and Arts Festival (PAFF) is America's largest and most prestigious Black film festival.

Stockbridge and Cityview Acquire South Bay X in Gardena for Sustainable Multifamily Development

Retrieved on: 
Monday, February 7, 2022

LOS ANGELES, Feb. 07, 2022 (GLOBE NEWSWIRE) -- Cityview, a vertically-integrated multifamily investment management and development firm, and Stockbridge today announced the joint acquisition of South Bay X, a fully entitled development opportunity for sustainable multifamily housing in Gardena, CA.

Key Points: 
  • LOS ANGELES, Feb. 07, 2022 (GLOBE NEWSWIRE) -- Cityview, a vertically-integrated multifamily investment management and development firm, and Stockbridge today announced the joint acquisition of South Bay X, a fully entitled development opportunity for sustainable multifamily housing in Gardena, CA.
  • South Bay X will feature 265 units with a combination of studio, one- and two-bedroom apartments ranging from 510 to 1,197 square feet.
  • South Bay X will feature high-performing lighting, enhanced indoor air quality and roofing, and a solar thermal water heating system that relies on renewable energy.
  • South Bay X is anticipated to break ground in the fourth quarter of 2022 with targeted completion in early 2025.