Plans are moving ahead for an immediate $30 million upgrade for Baldwin Hills Crenshaw Plaza that will bring new movie theaters and several restaurants to the existing mall. The renovation plans also call for a vibrant, brand-new interior design program, featuring a dining atrium and live entertainment performance area, as well as extensive exterior building, site and landscape improvements throughout the 43-acre property. The initial renovation will be completed before the 2011 holiday season.
This investment, by owner Capri Urban Investors, is the first step in a long-term transformation of the property that has anchored the Crenshaw Corridor since the 1940s. The team envisions a complete transformation of the 43-acre property, including a new residential neighborhood, a hotel and commercial office building situated within pedestrian friendly tree-lined sidewalks, and conveniently linked to the proposed Metro Rail public transit center on Crenshaw Boulevard.
The long-term plan is in the environmental review stages, with an anticipated approval by the City of Los Angeles by early 2011.