A plan to bring green space to park-starved Koreatown is taking gradual steps forward, according to an agenda item from the City of Los Angeles' CRA/LA Bond Oversight Committee.

The City's Economic Worforce Development Department hopes to appropriate $3 million in CRA/DLA excess bond proceeds toward the proposed construction of a new public park adjacent to the Pio Pico Library at 694 S. Oxford Avenue.  The green space would rise on the library's half-acre parking lot, which fronts Oxford and 7th Street.

The proposal is somewhat of a consolation prize to Koreatown, where community members had previously sought to convert a vacant lot one block east at Wilshire and Hobart Boulevards into green space.  However, the City of Los Angeles was unable to proceed with the project following the dissolution of the former Community Redevelopment Agency.

The subject property is instead becoming a 346-unit apartment complex with retail space known as the Pearl on Wilshire.

A 2016 report from the Los Angeles Times indicated that the City has considered the project as either a pocket park or a larger green space above an underground garage.

Image via Google Maps
Image via Google Maps

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Panorama City Development Swaps Retail Space for More Housing

Proposed develompent would replace a shuttered Montgomery Ward.

A proposed $150-million development at the site of a shuttered Montgomery Ward in Panorama City may be trading retail space for more housing, according to an agenda item at next week's meeting of the Los Angeles City Planning Commission.

The ICON at Panorama, when first announced by its developer the Icon Co., called for replacing the former department store at Roscoe Boulevard and Tobias Avenue with 422 apartments and approximately 200,000 sq