General contractor W.E. O’Neil has started working on the Edens Collection shopping center in the city’s westside. The Jaffe Companies are developing the site, which includes plans for three structures.
The city issued a $52 million building permit at 4631 W. Foster Ave. for the site’s first building. The permit says: “Building C is a two-story, 123,342 sq. ft. inline retail building with precast system and parking on the roof.”
City officials earlier this year said the project would feature a Target, LA Fitness, Ross Dress for Less and Starbucks along with medical/office and restaurant space, The Real Deal reports.
In June, the City Council voted to give Jaffe $13 million in tax-increment financing, several months after it created the Foster/Edens TIF District, to help pay for for site acquisition, environmental remediation and other costs.
In a TIF district, property taxes gained from increased property values go into a fund to pay for improvements within the district. Jaffe is providing $2 million to improve nearby Gompers Park.
Subcontractors include: Electrical – Sharlen Electric Company; masonry – O’Neil Industries Inc./W.E. O’Neil Construction Co.; plumbing – Warren F. Thomas; refrigeration, mechanical and ventilation – Hill Mechanical Corp.
The architect is Peter Theodore of Camburas and Theodore, Ltd.