Mixed-Use Project - 9814 Washington Boulveard

In September 2022, the City and Rethink Culver, LLC (Rethink) entered into a Developer and Disposition Agreement for the sale and redevelopment of City property located at 9814 Washington Boulevard, immediately adjacent to the Kirk Douglas Theater.  The proposed mixed-use project will consist of three to four levels, with 2,725 SF of new ground floor commercial space and 34 residential units that will include two Very Low-Income and four Workforce units (the “Project”). Escrow for the property was completed in December 2022.

The new schedule contemplates a construction commencement Fall 2025 and project completion in Fall 2027.