Sears Site in Boyle Heights seeks eastward expansion

sears

Owners have big plans for the Sears Roebuck & Co stating, “With a property of this size, I have the opportunity to develop an entire neighborhood.”   This is not merely big talk, as efforts were made to bring Central City Development Group on board for the developmental plans of this renovation project of the Sears Tower in Boyle Heights.  With CCDG and found Hamid Behdad’s proven track record of transforming old industrial buildings into residential and multi-use space, the Sears Roebuck & Co renovation is bound to be a success.

The following is an article from the Los Angeles Times on the Sears renovation:
La Times

Owner of historic Sears site in Boyle Heights sees eastward growth

November 21, 2013|

By Roger Vincent

Jonathan Shonof, Izek Shomof, Leo Pustilnikov and Eric Shomof will redevelop… (Kirk McKoy / Los Angeles…)

The new owner of the gigantic, historic Sears Roebuck & Co. distribution center in Boyle Heights said he hopes to create a new community in and around the site.

Dating to the 1920s, the complex was once one of the major hubs in the country for distributing Sears catalog products. The nine-story distribution center closed in 1992, though a Sears department store still operates at the site.

“With a property of this size, I have the opportunity to develop an entire neighborhood,” said Izek Shomof, who bought the 1.8-million-square-foot property at Olympic Boulevard and Soto Street on Wednesday.

Old industrial buildings converted to housing on nearby Seventh Street have proven successful, he said, and other developments are in the pipeline.

“I am encouraged by all the investment surrounding the Sears site, from the L.A. River revitalization, to the Clean Tech campus to Wyvernwood,” Shomof said.

“I bought the property because I see redevelopment extending east,” he said. “From the historic core to the arts district to the western edges of Boyle Heights along the L.A. River, there is a great demand for this renewed urbanism.”

Shomof’s company has started cleaning up the property, he said, and hopes to have parts of it ready for occupancy in 12 to 18 months.

Originally Posted in the LA Times

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