The project will consist of five buildings ranging in size from 3,500 to 37,000 sf on a site at Crenshaw Boulevard and 120th Street.
William Lindsay, founding partner of Pacific Coast Capital Partners, says PCCP believes the retail center in Hawthorne will succeed on the basis of its location near the 105 Freeway and its prime position within The Hawthorne Exchange, a 1.8 million-sf mixed-use project being developed by Lowe Enterprises.
The retail center being developed by Westrust will be anchored by a 37,000-sf 24 Hour Fitness that will be co-branded by 24 Hour Fitness and Magic Johnson Enterprises. The center will also include 14,700 sf of in-line space, a 7,500-sf building that will accommodate a sit-down restaurant, a 3,500-sf building for a drive-through restaurant and a 3,800-sf multi-tenant retail building. Development is anticipated to begin in May, with a target opening of May 2005. Costa Mesa-based Carter Burgess is the architect for the project.
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