According to local Michael O’Brien: “That’s right, Pioneer Market, our local community institution, is closing. In its place will be a Walgreen’s in the southern (eastern?) half of the building, and an unidentified “retail space” in the other half. Building permits are in the process of being approved.” (more…)
With the sustained growth in residential real estate prices in Los Angeles, Echo Park is experiencing a building boom on a scale that hasn’t been repeated since the 1920s and 30s.
Unlike many communities in Los Angeles, Echo Park was once blessed with numerous vacant lots often undeveloped due to the topographical challenges these sites presented. Now, these verdant properties which have contributed to the rustic nature of Echo Park for over almost 120 years are slowly disappearing. While the purchase and development of these lots are a loss for the many, they’re a boon for the few individuals lucky enough to have purchased and who are now building on these rewarding sites.