Primestor Development Breaks Ground on 115,000-Square-Foot Jordan Downs Plaza in Los Angeles

Jordan Downs Plaza will bring 115,000 square feet of retail space to the Watts area of Los Angeles. Jordan Downs Plaza will bring 115,000 square feet of retail space to the Watts area of Los Angeles.

Los Angeles — Primestor Development has broken ground on Jordan Downs Plaza, a 115,000-square-foot shopping center located within the Jordan Downs project in the Watts area of Los Angeles.

As part of the Jordan Downs revitalization project, the open-air shopping center will include a full-service supermarket, fitness center and a variety of local and national retailers. Jordan Downs Plaza is a public/private partnership, with financial investment from the federal government’s New Market Tax Credit Program and the conveyance of property by ground lease from the U.S. Department of Housing and Urban Development and the Housing Authority of the City of Los Angeles. Federal Realty Investment Trust, Genesis LA, Chase, California Statewide Communities Development Corp. and Los Angeles Development Fund are providing financing for the project.

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