CIM Group Adds Target and Sprouts to Mid-City Retail Complex
By Alison Stateman August 16, 2018 1:25 pm
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A new Target will be coming to the Mid-City district of Los Angeles, according to CoStar (CSGP) Group. The neighborhood, south of the Miracle Mile portion of Wilshire Boulevard that counts cultural draws Los Angeles County Museum of Art and La Brea Tar Pits among its offerings, has lacked a national retail presence.
The Target will be part of an 87,000-square-foot, two-level shopping plaza being built by Los Angeles-based developer CIM Group on the southeast corner of La Brea Avenue and San Vicente Boulevard. Sprouts Farmers Market has also signed on for the plaza, CIM told CoStar.
This will be the first Target and Sprouts in the neighborhood. Los Angeles City Council President Herb Wesson, who represents the district where the project will be located, is a fan.
“This retail center will not only create a new swell of jobs in the area, but will also provide a wanted convenience to all of us in District 10,” Wesson told CoStar. “We are proud to bring Target and the first Sprouts Farmers Market to our part of town, so that we can provide access to more diverse retail options.”
The shopping center, which will include 300 parking spaces both above-ground and in an underground structure, is slated to be completed early next year.
“Target enjoys serving local guests at 102 stores across the greater L.A. area and continuously explores possible locations for new stores,” Jacqueline Debuse, a spokeswoman for Target told Commercial Observer. “We see an opportunity to serve more guests in Los Angeles, including in the mid-L.A. area, but don’t have new-store details to share at this time.”
However, not everyone is a fan. A few miles north of Mid-City, an unfinished Target store sits at 5520 Sunset Boulevard in East Hollywood, caught up in legal wrangling after neighborhood groups filed lawsuits alleging the city violated planning rules in approving the project and failed to adequately consider the environmental impact of new zoning laws it created for the site. In May 2017, the city lost another court battle against the La Mirada Neighborhood Association, according to Curbed LA, in connection with an upcoming target.
The retail complex has been in limbo since 2014, when construction was halted after the project was sued over its height. (The lawsuit argued that the area’s zoning allowed buildings no higher than 35 feet tall; the Target is 74 feet tall.)
“Because this store is in the midst of legal proceedings, we don’t have any new information to share at this time. We appreciate the city’s continued support for Target in our ongoing efforts to pursue a store in Hollywood on Sunset Boulevard, and we thank the community for its patience as we continue to work toward resuming construction,” Debuse said.
CIM did not respond to requests for comment.
