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HomeArchitectureCostco's Bold New Plan for the California Housing Crisis

Costco’s Bold New Plan for the California Housing Crisis

Costco, the international bulk grocery chain known for its warehouse looks and difficult-to-beat deals, is hard at work on what could be considered its biggest new product launch in years: affordable housing.

An approved upcoming Costco location in South Los Angeles (the Baldwin Village/Crenshaw area specifically) is slated to open in the coming years, and it combines the company’s more-is-more brand with a novel new approach to residential construction. The project, to be built by developer Thrive Living and architects AO, was first announced early last year in a press release that revealed renderings of a mixed-use model with multiple floors, open courtyard spaces and other amenities. All told, the build would encompass not only the Costco store (and necessary parking) but a whopping 800 residential units, including 184 set aside specifically for low-income tenants.

NC Daily Star Staff
NC Daily Star Staffhttps://NCDAILYSTAR.COM
Terry Woods has been a North County resident for over three decades. Community activist, Member Emeritus Vista Chamber of Commerce, Married to Kathy Woods for 48 years, three children, three grandchildren and six grand dogs.
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