The $60-million, 250,000-sf commercial development, now 95% leased, is the first major urban destination retail center to be built in South Los Angeles since the violent aftermath of the Rodney King decision in April 1992. Chesterfield Square is located on 22 acres at Western and Slauson Avenues, 1.3 miles from Florence and Normandie, the recognized "flashpoint" of the civil unrest that killed 54 and caused $1-billion in property damage.

Grubb & Ellis were the leasing agents for the dveelopment. The developers say sales at Chesterfield Square are exceeding projections, in some cases by as much as 20%.

The grand opening celebration drew an estimated 3,000 people from throughout the local community. The event included a site dedication ceremony attended by project partners Chris Hammond of Vision Equities and Jerry Katell of Katell Properties. The project's third partner, NFL star Keyshawn Johnson, was at training camp in Florida and unable to attend.