Coffee Conversations with Greg J: Community Development Activism -Baldwin Hills Crenshaw Plaza
Written by beachcityradio on November 22, 2020
Much has been said about the sale of the Baldwin Hills Crenshaw Plaza in Los Angeles. The mall can be considered a cultural landmark in south Los Angeles as it stands on the corner of Martin Luther King Jr and Crenshaw Blvds. So the story is this: Los Angeles-based real estate investment firm CIM Group had agreed to purchase the Baldwin Hills Crenshaw Plaza mall, and according to Urbanize LA, the CIM Group intended to convert the roughly 300,000 square feet of retail space left behind by the recent departure of Walmart and Sears into offices.
Here’s where it got interesting – The seller of the property, Capri Capital Partners, just two years ago obtained approval to build a new development which would have included new retail space, a hotel, and hundreds of apartments to the property. Yet, CIM Group does not intend to add housing to the complex even though the entitlements are in place. This is one of the sticking points that has the community advpacating against the sale.
Once the advocacy got heated and support from the community was widespread, CIM backed out of the deal. And now, a company known as LivWorks has opened escrow on the property and will soon close it. This company has the blessing of many in the community.
Thus we talk to Community Activist Najee Ali who has been at the forefront of this action, and real estate attorney Tisha Greene and Community Resident John Gonzalez about the issues at hand and why the current buyer is good for the community. Listen, Watch and Share this Live Stream Conversation.