Los Angeles Business Journal reports that real estate firm Veneto Capital Management is bringing upgrades to a rundown retail complex near Echo Park.
The 23,000-square-foot property, located at Glendale Avenue and Court Street, features a two small commercial buildings which date to 1921. Beverly Hills-based Veneto has already begun stripping away contemporary modifications to the one-story structures, revealing their original brick facades and bow-truss ceilings.
The project, which is being called Echo Park Village, will become the second outpost of Clark Street Bread, a local bakery which has already established its presence at Grand Central Market in Downtown Los Angeles. One current occupant, a Thai restaurant, will remain in place after the completion of the upgrades.
South Park Group, which is leasing the development, is also in negotiations with a yoga studio and a second restaurant. Other targets include a bar, a juicery and an ice-cream shop.
- Echo Park Retail Revival in the Works (L.A. Business Journal)