Not a skyscraper but interesting all the same:
Costco's bold new plan for the California housing crisis
The American retail giant is starting to think even bigger
Farley Elliott
sfgate.com
June 26, 2024
Rendering of planned Costco mixed-use site at 5035 Coliseum St., Los Angeles. Thrive Living
Costco, the international bulk grocery chain known for its warehouse looks and difficult-to-beat deals, is hard at work on what could be considered its biggest new product launch in years: affordable housing.
An approved upcoming Costco location in South Los Angeles (the Baldwin Village/Crenshaw area specifically) is slated to open in the coming years, and it combines the company’s more-is-more brand with a novel new approach to residential construction. The project, to be built by developer Thrive Living and architects AO, was first announced early last year in a press release that revealed renderings of a mixed-use model with multiple floors, open courtyard spaces and other amenities. All told, the build would encompass not only the Costco store (and necessary parking) but a whopping 800 residential units, including 184 set aside specifically for low-income tenants.
What the renderings don’t show, though, is the complicated — and ingenious — way that Thrive Living is actually putting the Costco development together. [Note: modular units].
. . . .
An overhead site plan view of proposed apartments above a Costco in South Los Angeles. Thrive Living
Planned layouts for apartment units in a development that would also house a Costco in South Los Angeles. Thrive Living
Rendering of planned Costco mixed-use site at 5035 Coliseum St., Los Angeles. Thrive Living
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