California + Los Angeles + Apartments | May 31, 2022

Comstock to Build 850-Unit, Mixed-Use Community in Commerce

The Commerce, CA City Council has approved Modelo, a mixed-use project consisting of 850 residences, recreational and entertainment retail spaces, a park, community center and museum. The 17-acre property is located at the intersection of Gage and Slauson Avenues.

The name Modelo is in reference to the Commerce motto of “the Model City.” Adrian Comstock, the principle and founder of Comstock Realty Partners said in a news release, “After 25 years of experience in Commerce and eight years working with the city to create this unique development, we are excited to bring much needed housing and amenities to Southeast LA.” Comstock also said the project will honor and reflect the Latin American and Indigenous cultures and history of the site.

The 850 units will offer studio, one-, two- and three-bedroom apartments, along with more luxurious condos and townhomes. Plans for the retail space include numerous restaurants, a cinema, arcade and entertainment as well as essential services. The project is scheduled to break ground at the end of 2022.

Connect

Inside The Story

Comstock Realty Partners

About Mark Nieto

Mark comes to ConnectCRE with an extensive background as a business and news reporter in San Francisco radio, as well as 35 years as a traffic reporter on several stations including KGO, KNBR, KCBS and KFRC. As a business reporter, Mark covered the tech world in Silicon Valley where he became familiar with real estate transactions in the hot Bay Area marketplace. He attended San Jose State University with a BA in Radio and TV Broadcasting and currently resides in the Lake Tahoe area where he gets to frequently enjoy all of his favorite activities: Golfing, Fishing, Hiking and Skiing.

Order Reprints