Costco

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The Crenshaw neighbourhood may soon get a new Costco store with an unusual addition: 800 apartments constructed above it.

National real estate company Thrive Living intends to construct a mixed-use complex on the site of a five-acre commercial property at 5035 Coliseum.

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That contains both the members-only warehouse shop and the housing rentals.

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184 of the 800 units that are being considered, or 23% of the total, will be reserved for low-income residents.

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The remaining market-rate units will be classified as workforce housing and non-subsidized affordable housing, and all of them will be available to people with Section 8 vouchers.

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Other Crenshaw homeowners are drawing attention to the possible parking issues and the anticipated increase in traffic the region could experience.

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People think that new construction will raise the demand for the neighbourhood and raise the expense of living.

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An enormous AT&T plant once stood on the property, but it is currently vacant.

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The city still needs to approve the project idea.

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