Echo Park, CA
In March 2017, a Champion affiliate acquired an urban street retail value-add property located at 1485 – 1501 W. Sunset Blvd. The business plan calls for the repurposing and rebranding of the existing collection of tired retail buildings into a retail and residential mixed-use development.
At the time of acquisition, the property consisted of 19,772 square feet of dated retail buildings on 36,049 square feet of land in the gentrifying neighborhood of Echo Park. Champion intends to revitalize and remodel the property to include an eclectic collection of distinctive restaurants and residential lofts as it rebrands the property as BrickWorks.
BrickWorks will boast over 200 linear feet of frontage along the heavily trafficked Sunset Boulevard and consist of approximately 15,000 square feet of prime retail space that is designed to transform the center into a trendy urban food court with a collection of the latest eateries and restaurants.