Core Spaces, an Austin- and Chicago-based real estate development firm, has filed plans with the City of Los Angeles to construct a mixed-use project near Exposition Park and USC.

The project, located at the southeast corner of 38th and Figueroa Streets, would replace a small commercial building and a four-unit apartment complex with a larger seven-story edifice.  Plans call for 71 market rate and eight extremely-low-income units within the project, as well as 9,807 square feet of street-level commercial space.

Core's application requests development incentives through the Transit Oriented Communities program, including an increase in allowable height.

Additional details about the project are currently unclear.

The development site sits one block north of the 4.4-acre property where an Orange County developer is pursuing a multi-building project known as The Fig.  West across Figueroa, LAFC recently debuted its $350-million Banc of California Stadium.

3800 S. Figueroa Street. Image via Google Maps.
3800 S. Figueroa Street. Image via Google Maps.

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City Looks to Update Land Use and Transportation Along Rail-to-River Corridor

A freight railway that cuts through South L.A. is set for rebirth as an active transportion corridor.

In 2012, Metro began exploring the possibility of transforming a segment of a former freight rail right-of-way that cuts through the heart of South Los Angeles into an active transportation project.  The project, now known as the Rail-to-River corridor, would convert the Harbor Subdivision - which runs east-to-west along Florence and Slauson Avenues - for use by pedestrians and cyclists.

To capitalize on this investment, the Cit