Crenshaw Crossing to Receive Nearly $50M
SANTA ANA, Calif., Oct. 4, 2023 /PRNewswire/ — SVA Architects joins the development team for Crenshaw Crossing in celebrating the recent award of $49.9 million in California state funding for the mixed-use and mixed-income project. Crenshaw Crossing will be located on land owned by Los Angeles Metro and Los Angeles County adjacent to the Expo/Crenshaw Station of the LA Metro light rail. Developed by Watt Companies, West Angeles Community Development Corp., and The Richman Group, the project is one of numerous affordable developments in SVA’s portfolio which seeks to create thriving communities.
Renderings of Crenshaw Crossing available here.
Constructed as a pair of eight-story buildings on both sides of Crenshaw Boulevard, Crenshaw Crossing aims to enliven and activate the region. The transit-oriented development will feature 401 studio, one-, and two-bedroom apartments. The ground floors will house 40,000 sq. ft. of commercial and community space (22,000 sq. ft. of which is designated for a grocery store), and 502 parking spaces. Additional features include a resident fitness center and outdoor recreation spaces, a pedestrian promenade, a plaza, and 10 miles of new bike lanes. SVA Architects and Belzberg Architects are leading the design, with RELM as the landscape architect. The project is anticipated to break ground in 2024, and it will take approximately two years to build.
California State Funding
The funding for Crenshaw Crossing is part of a $757 million award announced on August 30 by the California Strategic Growth Council, funded through its Affordable Housing and Sustainable Communities (AHSC) Program. The funds are designated for building affordable housing in jobs-rich, walkable neighborhoods. This latest announcement brings AHSC’s total funding awarded to over $3 billion, which has contributed to the development of 17,000 affordable homes and thousands of transportation improvement projects.
Ernesto M. Vasquez, FAIA, CEO of SVA Architects, says, “Congratulations to Watt Companies, West Angeles CDC, and The Richman Group in successfully securing funding to increase the affordable housing ratio in Crenshaw Crossing. This award helps make it possible to build homes that the local residents can afford. The development will preserve the neighborhood’s existing culture and address the housing needs of Los Angeles’ essential workers.”
About SVA Architects, Inc.
Founded in 2003, SVA Architects has become one of the Country’s most innovative and respected design and planning organizations. The award-winning firm specializes in urban planning, architecture, and interior design of public, private, and mixed-use projects. Among the firm’s portfolio are civic, educational, residential, commercial and mixed-use developments. SVA Architects values institutional and public environments as the foundation of a community and the backdrop against which we live, learn, work, worship, and play. The company is headquartered in Santa Ana with offices in Oakland, San Diego, Davis, and Honolulu. For more information, visit www.sva-architects.com.
Media Contact: Beth Binger
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SOURCE SVA Architects, Inc.
Originally published at https://www.prnewswire.com/news-releases/los-angeles-mixed-income-community-designed-by-sva-architects-awarded-ca-state-funding-for-affordable-housing-301946788.html
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