The Brief
- Costco is building a first-of-its-kind warehouse in South Los Angeles located directly beneath an affordable housing complex.
- The $425 million development in Baldwin Village will feature 800 apartments, including 184 units designated for low-income residents.
- The project is expected to open in 2027 as part of a strategy to enter dense urban markets where traditional land is unavailable.
SOUTH LOS ANGELES, Calif. – Costco is embarking on a landmark expansion strategy in South Los Angeles, integrating a new warehouse store directly beneath a massive residential complex.
The project, located in Baldwin Village, recently broke ground and will feature 800 apartment units, nearly a quarter of which are reserved for low-income residents.
What we know:…