Real estate investment company Kennedy Wilson has been hired to lease space at the 9901 block of Washington Blvd. as part of a mixed-use commercial and residential development, set to open in the Spring of 2013.
and several other businesses including Choppe Choppe, El Pollo Locco and Mezza Grill and Mrs Garcia's, are now shuttered. A chain link fence surrounds the premises and a large ‘For Lease’ sign is plastered on the wall.
According to renderings sent to Patch by Kennedy Wilson’s Executive Vice President Lee Shapiro, the plan is to turn the entire area into a mixed-use property with 131 residential units above, with restaurants and retail stores below, and 250+ parking spaces.
The entire property covers the northwest corner of Washington Boulevard and Dusquesne Avenue.
“We’re in charge of leasing the ground floor and retail establishments, which can be anywhere between 1,000 and 10,000 feet,” Shapiro told Patch in a telephone interview.
Shapiro also said that the current buildings would be torn down "within the month."
In one of those quirky twists, while the property has a Culver City zip code, the premises are in fact technically in Los Angeles, so all filings; laws and potential revenue from the project will fall under the auspices of the City of Los Angeles.
See the attached PDF to the right for the renderings
What do you think of the new proposal? Tell us in the comments section, below.