Harridge Development Group is moving forward with a redevelopment of the 42-acre Baldwin Hills Crenshaw Plaza in South Los Angeles, which was one of the first regional malls to be built in the US.
The company has filed plans to redevelop a portion of the property into a 647K SF mixed-use complex that will include 636 apartment units and a grocery. The plans call for two apartment buildings, of which 64 units will be designated as affordable.
Harridge bought the property in 2021 for $111M from Capri Capital Partners. Capri acquired the mall in 2006 for $136M; in 2018, Capri received approval for a major redevelopment that was planned to include 1,000 housing units and a 400-room hotel.
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