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Post COVID, gentrification fears hit new high in South L.A. latimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from latimes.com Daily Mail and Mail on Sunday newspapers.
Listen 11 min MORE The Baldwin Hills Crenshaw Mall has been declining for a while, and the coronavirus pandemic accelerated that downward trend. There is zero traffic in the mall now. May 3, 2021. Photo by Amy Ta. If you walk around the Baldwin Hills Crenshaw Mall these days, especially during the week, you can see that many of its businesses are struggling. “There is no traffic in this mall. This is not how a mall right now should be looking,” says Malik Muhammad, who has owned and operated Malik’s Books at the Crenshaw Mall since the early 1990s. Malik Muhammad standing inside his bookstore at the Baldwin Hills Crenshaw Mall. He’s been at this location since the early 1990s. Photo by Benjamin Gottlieb. ....
When Wall Street Controls the Housing Market planetizen.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from planetizen.com Daily Mail and Mail on Sunday newspapers.
The Baldwin Hills-Crenshaw Plaza mall is 41 acres of prime commercial real estate in the nation’s second largest metropolitan area. When the mall came up for sale last year, a group of residents decided to shoot for the moon and started organizing to buy it, at a price tag now in the nine figures. If their bid is successful, the residents envision bringing in more locally owned businesses with a preference for worker-owned cooperatives; adding new mixed-income housing; building a recording studio; and creating new green space on the lot. They formed a nonprofit entity to take ownership of the mall, called Downtown Crenshaw. Over the past year they successfully rebuffed two bids from outside investors, and at a March 24 press event they went public with the $28 million in donations they’ve raised for a down payment on the property. ....
Press Conference: Black Group Seeking to Buy Iconic Crenshaw Mall to Establish Community Control of Black Space Being Thwarted by Deutsche Bank Racism prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.