Costco-Anchored Apartment Complex Under Construction at 5035 W. Coliseum Street

Why It Matters

The project adds significant affordable housing near a major transit hub and demonstrates how state‑level policy can accelerate high‑density, mixed‑use development in underserved neighborhoods.

Key Takeaways

• 800-unit, six‑story building includes new Costco anchor
• 184 units reserved for low‑income households under city mandate
• Remaining market‑rate units accept Section 8 vouchers for families and seniors
• Development uses prefabricated modular units to speed construction
• First LA project approved under AB 2011, enabling higher density near transit

Pulse Analysis

The six‑story, 800‑unit complex at 5035 W. Coliseum Street marks the first major mixed‑use project to break ground in South Los Angeles after a year‑and‑a‑half of ceremonial delays. A full‑size Costco will occupy the ground floor, offering groceries, pharmacy, optical services and delivery, while five levels of underground parking serve residents and shoppers. The development sits less than half a mile from the Expo/La Brea E‑Line station, positioning it as a classic transit‑oriented project that taps the growing demand for walk‑able, amenity‑rich neighborhoods.

The city’s approval package obliges Thrive Living to set aside 184 units for low‑income households and to make the remaining market‑rate apartments available to Section 8 voucher holders, a rare commitment that broadens the tenant pool and addresses the regional affordability gap. By leveraging California’s AB 2011 fast‑track, the project gains density bonuses and floor‑area allowances that would otherwise be prohibited under existing zoning. This regulatory shortcut illustrates how state‑level housing legislation can accelerate delivery of both market‑rate and affordable units in high‑need corridors.

Modular construction, chosen for the upper‑floor apartments, promises reduced timelines and lower labor costs, a model that could become standard as Los Angeles seeks to close its housing deficit. The Costco anchor not only guarantees foot traffic but also creates jobs and expands retail options in a historically underserved area. Together, the transit proximity, affordable‑housing mandates, and innovative building methods signal a shift toward more integrated, policy‑driven developments that could reshape the city’s urban fabric and set a template for future projects along the E‑Line.