$232M Makeover Proposed for San Pedro Public Housing Project
The Rancho San Pedro public housing project, which was built in the 1940s by the Housing Authority of the City of Los Angeles, may get a $232M total redevelopment to a residential mixed-use with a commercial component.
A public hearing to consider redevelopment options for the aging 479-unit complex, which is on a 21-acre site on the Downtown San Pedro waterfront, will take place tonight, Nov. 18, beginning at 6pm in the Port of LA Administration Building.
A report by Economic and Planning Systems Inc, which was hired by the LA Housing Authority to analyze three different possibilities under consideration, will be presented at that time. Options range from a simple $82M rehab of existing buildings to a high-density, mixed-use redevelopment. A full-blown redevelopment would replace existing structures with new low-income units, on and off this site, but would also include multi-story, market-rate apartments and for-sale housing units in a range of prices, as well as retail, reports the Daily Breeze.
Proponents of a waterfront revival, including LA council member Joe Buscaino (D-15), are pushing for the mixed-use proposal, because they want to see Harbor Boulevard frontage opened up to commercial or high-rise residential development. Regardless of which plan is adopted, all 479 affordable units must be replaced. [DB]