VERMONT SLAUSON SHOPPING CENTER

Vermont Slauson Shopping Center is a 175,000 sq. ft. commercial center located in South Los Angeles.  The center currently has four major tenants consisting of a K-Mart, McDonalds, Superior grocery store, and CVS drug store as well as 12 smaller tenants.  The center has created 450 jobs, significantly reducing unemployment in the immediate area.

Project Name:

Vermont Slauson Shopping Center

Project Location:

South East Corner of Vermont and Slauson Avenues

Year Completed:

1981

Total Development Cost:

$10 Million

Funding Sources:

U.S. Department of Commerce and Economic Development Administration

$1.5 Million

U.S. Department of Housing Urban Development, Urban Development Action Grant

$2.52 Million

City of Los Angeles, Community Development Block Grants

$700,000

Private Investment

$2.2 Million

Land Contributions

$3 Million