2023 Fall Issue of Urban Land - 61

Showtime's offices have all moved into Inglewood.
On
the development front, Rob McRitchie,
senior director of capital markets at JLL, says
that multifamily investors and developers are
targeting the city. According to Richie, there
is appetite from both private and institutional
capital to develop market-rate and affordable
housing deals. From 2018 to 2021, there were
almost 4,000 units in the construction pipeline
in Inglewood. By comparison, from 2000 to
2017, the city gained only 448 new housing
units.
Local government is continuing to drive
growth and improvements in the city through
development and redevelopment. It recently
worked with the Los Angeles Chapter of ULI
to complete a technical advisory panel to
make recommendations for the redevelopment
of the Crenshaw Boulevard Corridor.
The mayor says that his top priority is
renewing infrastructure that had been ignored
for four decades before he took office, as well
as expanding the K Line. For the latter, the
city has already raised $800 million in grants
and is petitioning the federal government for
the remaining $900 million to fund the transit
project. A lot of growth still looms for Inglewood.
" Mayor
Butts is unabashedly pro-development, "
Kawahara says. " He has invited development,
but the city has also done a lot of
community outreach to ensure that it would
include amenities for the city. " According to
Mayor Butts, gaining community trust is the
key to incentivizing development and economic
growth. " We have a community that
trusts their city council to make decisions with
the community's interest, " he says.
This balancing act between growth and
community has been critical to Inglewood's
success. The stadium project provided a
reason to build in the area, but the rest of the
growth was the result of strong leadership
and an engaged community.
" These kinds of buildings can do that if
they are planned appropriately and built into
the community in a meaningful way, " Hunter
says. " In combining this all together, Inglewood
has become the City of Champions
once again. " UL
KELSI MAREE BORLAND is a freelance journalist and
magazine writer based in Los Angeles.
FALL 2023
URBAN LAND
61
Most of the stadium
suites at SoFi have
capacity for 15 to
30 guests, but some
can hold up to 100
cheering fans.
FEATURES
HK S, BR UCE D AMONTE

2023 Fall Issue of Urban Land

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