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Destination Crenshaw

Destination Crenshaw

Type

Education & Cultural​

Location

Los Angeles, CA

Est. Project Cost

$50.8 million

Size

1.3 miles

Public Financing

New Market Tax Credit, City, & State

Sponsor

Destination Crenshaw, Inc.

Private Financing

Bridge Financing

Closing Date

Q4 2021

Nonprofit Expansion and Cultural Infrastructure

Destination Crenshaw CDC will revitalize the Crenshaw Corridor by providing meaningful support for Black-owned businesses, providing reparative development solutions, and being an economic engine for Black artists and the creative economy. Destination Crenshaw will develop a transformative infrastructure project that will boost the community while celebrating Black art and culture.

Estimated Economic and Social Impact

Creation over 600 construction jobs, 40 permanent jobs, 100 commissioned local artists, 10 new parks, & planting of over 800 trees.

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