- Sep 8, 2024
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Thrive Living has announced an exciting new development coming to the Baldwin Village neighborhood. The project, located at Coliseum Street and La Brea Avenue, will be called 5035 Coliseum and will feature a brand-new Costco paired with residential units, creating a mixed-use complex. The development will offer 800 apartment units built above the Costco store, with 184 units designated for low-income tenants. The remaining units will be available as non-subsidized affordable and workforce housing, offering more options for local residents.
In addition to its members-only warehouse store, the new state-of-the-art Costco will offer fresh produce, healthy food options, optical services, a pharmacy, and delivery services to support local businesses. "5035 Coliseum is the first new housing community in Los Angeles to move forward under state law AB 2011, which helps streamline approvals for apartment and mixed-use projects that include low-income housing," Thrive Living said in a press release.