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The swell of development in South Central LA

  • ​There is an influx of development currently underway in South Central Los Angeles. Billions of private and public funds are going into millions of square feet of development in the region.

  • While major entertainment venues being erected around USC and in Inglewood are the most discussed developments, multi family appears to be the most popular with around five million square feet of space either under construction or proposed in the area.

  • As home prices and rental rates have soared to record highs in LA, demand and development has shifted to historically less expensive areas. As a result of these increases, submarkets like Crenshaw (which currently has around 900 housing units under construction) should continue to see increased development activity through the cycle. ​​

Source: JLL Research




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