"Kenneth Hahn Plaza in the Watts-Willowbrook area has been judged one of the top 20 projects in the country in the National Recognition Program for Urban Development Excellence by the U.S. Department of Housing and Urban Development."
"The 14-acre, 172,000-square foot, $24-million Kenneth Hahn Plaza represents the largest development project ever carried out by the county's redevelopment program. Complex financing for the project included developer equity, bond financing and federal assistance."
"The shopping center at 120th Street and Wilmington Avenue is the result of the public/private efforts of the developers, Alexander Haagen Development Co. and the Watts Labor Community Action Committee. It also represents the first substantial private investment in the Willowbrook area in more than 20 years."
Kenneth Hahn Plaza, located at 120th Street and Wilmington Avenue in the Watts-Willowbrook area, has been recognized by the U.S. Department of Housing and Urban Development as one of the top 20 urban development projects nationally. This 14-acre, 172,000-square-foot shopping center was developed through public-private partnership between Alexander Haagen Development Co. and the Watts Labor Community Action Committee. The $24-million project marks the first substantial private investment in Willowbrook in over 20 years and represents the largest development project executed by the county's redevelopment program. Financing combined developer equity, bond financing, and federal assistance.
#urban-development #public-private-partnership #community-redevelopment #watts-willowbrook #economic-investment
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