The corner of Vermont and Manchester Avenues in South Los Angeles, the site of civil unrest 30 years ago, is being reimagined, as construction has started on a new mixed-use development called Evermont. The project, formed by co-developers BRIDGE Housing, the Coalition for Responsible Community Development and Primestor Development, will feature 180 affordable homes, retail, a transit plaza and a Metro training facility.
“As these buildings rise from the ground, we are not only creating physical spaces that will redefine our communities, we are also investing in good paying jobs and sustainable community development that will directly impact the lives of our residents,” said LA County Supervisor Holly J. Mitchell in a news release.
The residential component of Evermont, named to honor the evolving legacy of South Los Angeles and designed by TCA Architects, will offer 62 permanent supportive apartments for seniors who have experienced chronic homelessness. In addition, there will be 118 affordable homes for families with low incomes, including 60 permanent supportive housing units.
The ground level retail will feature 64,000 square feet of space, anchored by Target, with additional space focused on local businesses.
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.