Tear-down, Residential Income - Los Angeles, CA

OPPORTUNITY ZONE In one of downtown LAs fastest growing neighborhoods, The 39 is near the iconic Memorial Coliseum (host of the upcoming 2028 Olympics), the highly anticipated $1 billion Lucas Museum, and the expansion of the Expo light rail line. Less than a 10-minute walk to USC campus, CTIs student housing development will complement the existing residential community and embrace emerging trends in urban living such as easy access to public transportation and last-mile mobility hubs (car share, bikes, scooters), sustainable building concepts, a lower carbon footprint, and optimized space utilization. One of the worlds leading private research universities, USCs student population has grown at a consistently high annual rate - from 33,700 to 47,500 students over the last ten years - and is currently experiencing a housing shortage of approximately 12,000 beds.