LA County Supervisors select a developer for $1-billion revamp of General Hospital
A Culver City-based developer that specializes in bringing capital to low-income communities has been selected to renovate the iconic General Hospital building in Boyle Heights and develop its 25-acre grounds as a community and wellness center.
The Los Angeles County Board of Supervisors voted Tuesday to enter into an exclusive negotiating agreement with Centennial Partners, a joint venture led by Primestor Venture Partners, the Latino-owned company that built the retail center in the city's redevelopment of the Jordan Downs housing project in South Los Angeles and led the restoration of the Paul Williams-designed Golden State Mutual Life Insurance Building in the Adams-Normandie district.
Primestor and its joint-venture partner will have 18 months,
You’re reading a preview, subscribe to read more.
Start your free 30 days