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4th & Central New Real Estate Project DTLA

By on July 2, 2026

The 4th & Central project is one of the largest private real estate developments approved for downtown Los Angeles in years. On July 1, 2026, the Los Angeles City Council approved the approximately $2 billion mixed-use development, paving the way for a major transformation of the industrial area at 4th Street and Central Avenue.

Fourth & Central represents one of the most significant redevelopment projects currently planned for downtown Los Angeles. By replacing aging industrial buildings and cold-storage facilities with housing, retail, offices, and public open space, it is expected to create an entirely new mixed-use neighborhood at a key gateway between the Arts District, Little Tokyo, and Skid Row. If completed as planned, it will add nearly 1,600 new homes and reshape one of downtown’s last large industrial sites.

Location

The project will redevelop approximately 7.6 to 8 acres at:

  • 400 S. Central Avenue
  • Intersection of 4th Street and Central Avenue
  • Between Little Tokyo, Skid Row, and the Arts District

Today, the site is occupied primarily by:

  • Parking lots
  • Warehouses
  • Los Angeles Cold Storage facilities
  • Industrial buildings dating back more than a century

The development will completely reshape three city blocks.

Opponents raised concerns about:

  • Gentrification
  • Effects on nearby Little Tokyo DTLA
  • Increased traffic
  • The project’s size and height
  • Potential impacts on the surrounding community.

Project highlights

The approved plan includes approximately:

  • $2 billion private investment
  • 10 new buildings
  • 1,589 residential units
    • 949 apartments
    • 572 condominiums
    • 262 affordable housing units
  • About 400,000 square feet of office space
  • About 145,700 square feet of retail and restaurants
  • More than 2 acres of publicly accessible open space
  • Approximately 2,426 parking spaces
  • New pedestrian streets, plazas, landscaping, and public gathering areas.

Housing and affordability

A significant portion of the project focuses on affordable housing.

The approved plan includes:

  • 262 affordable homes
  • Units reserved for very low-income and extremely low-income households
  • Supportive services for qualifying residents through the Downtown Women’s Center, including:
    • Case management
    • Workforce development
    • Nursing support
    • Substance-use services
    • Resident coordinators.

Architecture

The development is designed by:

  • David Adjaye
  • Studio One Eleven

Key design features include:

  • A signature 30-story residential tower (reduced from an earlier 44-story proposal)
  • Modern architecture inspired by the area’s industrial history
  • Walkable streets
  • Outdoor courtyards
  • Tree-lined public spaces
  • Retail designed to serve both residents and visitors.

Economic impact

Developers estimate the project will generate:

  • More than 10,000 union construction jobs
  • Approximately 4,000 ongoing permanent jobs
  • New tax revenue for the city
  • Additional housing near existing transit
  • Increased business activity for downtown Los Angeles.

Community debate

The proposal spent roughly five years in the approval process and generated significant public discussion.

Supporters argued the project will:

  • Help address Los Angeles’ housing shortage
  • Revitalize underused industrial land
  • Increase affordable housing
  • Encourage walkable, transit-oriented development

Opponents raised concerns about:

  • Gentrification
  • Effects on nearby Little Tokyo
  • Increased traffic
  • The project’s size and height
  • Potential impacts on the surrounding community.

Construction timeline

Although the project has now received City Council approval, construction will not begin immediately.

The developers must still complete:

  • Final engineering and construction drawings
  • Building permits
  • Additional pre-construction work

Current estimates suggest groundbreaking could occur in about two years, assuming all remaining approvals and financing stay on schedule.

 

 

 

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