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City planners support $2-billion project in Skid Row
Los Angeles Times
|October 15, 2025
A proposed mega-development in downtown Los Angeles, which would replace a cold storage facility with a $2-billion residential and commercial complex, cleared a major hurdle last week when the city Planning Commission backed it.
Commissioners unanimously recommended the construction of Fourth & Central in the Skid Row neighborhood.
The 7.6-acre compound along Central Avenue that would contain apartments, offices, shops and restaurants in 10 distinct buildings of various sizes that would change the city skyline. The City Council will consider final approval later this year.
The project, which would be built near the neighborhood’s boundary with the Arts District, is being proposed by property owner Larry Rauch, president of Los Angeles Cold Storage. His family has operated food chilling facilities at Fourth Street and Central Avenue since the 1960s and plans to move the business to a new location.
In its place would be 1,589 rental apartments with 249 affordable units, along with 401,000 square feet of creative office space and 145,748 square feet of retail or restaurant space. The complex was conceived by Long Beach architect Studio One Eleven.
In response to changing market conditions and reactions from community members, a number of revisions have been made to Fourth & Central since the project was initially proposed in 2021.
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