Los Angeles P3 to use $10.5M to revitalize Koreatown

The Los Angeles County Board of Supervisors approved $10.5 million for the first phase of a plan to revitalize a blighted area of Koreatown.

Pre-development will begin for a proposed 400,000-square-foot headquarters for the Department of Mental Health, 72 units of senior housing and a community center. Additional plans call for new offices for the Department of Parks and Recreation and the Department of Community and Senior Services.

The project is a public-private partnership (P3/PPP) that includes the developer and a nonprofit service provider.