VERMONT SLAUSON RETAIL CENTER

 

Vermont Slauson Retail Center, a 4-acre center located at the southwest corner of Vermont and Slauson, was developed by Vermont Slauson Economic Development Corporation.  The site features an El Super supermarket (formerly Gigante), as well as office and retail space.  The project, which recycled the long-vacant land destroyed in the 1992 civil unrest was the first new store built in Los Angeles for the Gigante Supermarket chain, contributing significantly to employment in the area. 

 

Project Name:

Vermont Slauson Retail Center

 

Project Location:

1000, 1100, 1130 West Slauson Avenue

Los Angeles, CA 90044

 

Year Completed:

2003

 

Total Developmental Cost:

$9.816 Million

 

Funding Sources:

U.S. Department of Commerce and Economic Development Administration

$1 Million

 

U.S. Department of Health and Human Services, Office of Community Services

$691,500

 

Genesis of LA

$2.1 Million

 

City of Los Angeles

$2.1 Million

 

Construction Financing

$5.825 Million

 

Los Angeles Community Development Bank

$2.5 Million

 

Permanent Financing

$6,000,000

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