“It’s a blessing and a curse,” said Damien Goodmon, founder of the Crenshaw Subway Coalition.
Not far from the new Martin Luther King Jr. station along Crenshaw Boulevard, dozens of new apartments are under construction, a sign of the change washing over the historically Black district as Metro readies to open its seventh major rail line Friday.
Not far from the new Martin Luther King Jr. station along Crenshaw Boulevard, dozens of new apartments are under construction. About 5,000 residential units are either planned or under construction from the Expo Line station in West Adams to the Hyde Park area, said Jamie Brooks, an executive with the real estate services company CBRE Group. And the price of office space per square foot has shot up along the corridor, rising 36% in 2020 and 22% in 2021, according to the company — even as prices in the surrounding area fell because of the pandemic.
The trust has bought two commercial properties in Leimert Park and is eyeing other rentals, but its footprint is small compared with outside investment streaming in. Looking back, he said, he wished he had pushed for more protections for residents to fend off speculation and to stabilize rents.
The rail line runs from the West Adams district to Westchester, and will eventually arrive in the South Bay. It broke ground in 2014 and was set to be completed in 2019, but it“This line is a promise long deferred to the people of Los Angeles and South Los Angeles,” said Inglewood Mayor James Butts. “It’s fundamentally part of our rail revolution,” said Metro Chief Executive Stephanie Wiggins. “We are really building out our rail system so that we can actually develop a network.”
,” about the shifting demographics in South Los Angeles. “Particularly over the last 20 years, as the Black population has gotten smaller within the broader South L.A. area.” “Black culture and art is what makes the Black community in particular irreplaceable,” said City Councilman Marqueece Harris-Dawson. The “Crenshaw district and the Black community are strong enough to hold the culture of that space throughout the turmoil that’ll come with new people and new ideas and new interests.”
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