Just Another Day In SouthLA
Inglewood Property Value Getting Ready To GO UP! Much needed attention is now being cast upon Inglewood with the under construction Crenshaw/LAX Line cutting through downtown Inglewood and now with the Inglewood Entertainment Complex in Central Inglewood. Century Blvd. and Prairie Ave is scheduled to undergo a huge transformation over the next couple of years. Given the next 10 years the area may become an entertainment hotspot of Los Angeles. The up coming Hollywood Park Tomorrow project is finally commencing, the owner of the Rams is building a stadium between The Forum and Racetrack and bringing over a Soccer Team from England or something, and the Forum, now owned by Madison Square Garden just finished a huge renovation. The Inglewood Entertainment Complex, (I’m dubbing Prairie and Century, yes, the Inglewood Entertainment Complex, IEC). Well now comes the development. The site of the shuttered Daniel Freeman Hospital has just sold to a group that plans to put up a whole bunch of townhouses. First Church of God and developers Shopoff Group bought the property in December, says the LA Business Journal, and could build as many as 363 townhouses (Shopoff’s site says there will only be 272). Right now the site is home to seven buildings, which have been mostly vacant since the hospital shut down about seven years ago. But in 18 to 24 months, there should be residences ready for the buying, says Shopoff.