Costco wants to build a different kind of store in South L.A. -- with bulk housing

A Costco store could make its way to the Baldwin Village neighborhood and add 800 apartment units and about 400 jobs to the South Los Angeles community, according to renderings released this week.

The project would include 800 apartments, with 184 units meant for low-income tenants, equaling 23% of the total units, the developers said.There have been no applications filed with the city of Los Angeles for the project, but it was officially announced earlier this year and renderings for the development were released Tuesday. A spokesperson for Costco could not be immediately reached for comment.

The project is meant to support families, seniors and other residents from the community, according to Thrive Living, a privately-owned national real estate firm. Apartments would be marketed for affordable housing for both seniors and low-income households, the developer said. Thrive Living is owned by New York-based real estate firm Magnum Real Estate Group. The firm purchased the adjacent Baldwin Hills shopping mall last year for $37.3 million, asThat location includes a Ralphs supermarket on Obama Boulevard, right around the corner from the proposed Costco.

A lot of towns are starting to build these with luxury apartments up top. They have conference rooms, pools, workout facilities, all that jazz in those apartments.

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LatonaJodi I need your thoughts on this lol

I hope they get free membership!

There's going to be so much looting at that Costco

Can you fit a Costco shopping cart in the elevator?

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