CIM Group plans mixed-use residential, retail development in Los Angeles

CIM Group has acquired an approximately 1.3-acre property at 3045 Crenshaw Blvd. that is entitled for a mixed-use development consisting of 168 apartment units, 17 of which will be affordable, and 40,000 square feet of ground-floor retail.

The property, located just north of Jefferson Boulevard, is centrally located in Los Angeles and part of the historic West Adams neighborhood, which offers dining, entertainment and community-serving retail and services. Future residents will have easy access to the Metro E Line light rail station on Crenshaw Boulevard that provides a connection east to downtown Los Angeles and west to Santa Monica, Calif. In addition to its location on Crenshaw Boulevard, a major north-south thoroughfare, it also is near several east-west connectors, including Interstate 10, Exposition Boulevard, and West Adams Boulevard.

New development at the site will replace the vacant building that was formerly West Angeles Church of God in Christ, which now is