CHC Member: Related California

Project Name: The Grand

Location: Los Angeles, CA

Units: more than 400, of which 20% will be affordable to lower income households

Opening Date: 2021

State & Federal Financing Sources: Tax-exempt bonds and 4% Tax Credits

“The redevelopment of Grand Avenue has been nothing short of transformational, and we are thrilled to celebrate both the start of construction of The Grand and an unprecedented public, private, and civic partnership. Today, we build on the great progress already achieved with the success of Grand Park and The Emerson. The Grand is a crescendo to downtown’s cultural renaissance and will bring not only tremendous economic benefits, but culinary creativity, new shopping and entertainment experiences, a unique hotel and brilliant residences for all income levels.”- Stephen M. Ross, Chairman and Founder of Related Companies