LINCOLN HEIGHTS — That question is being asked as scaffolding has gone up along a block-long stretch of North Broadway between Thomas and Gates Streets. The answer: A large, long-delayed medical office and retail complex.
The project, which over the years has been known as Las Villas Medical Office or the Lincoln Medical Building, would consist of a three-story complex with a basement and parking garage, according to a permit application filed with the Building & Safety Department. Permit have also been pulled to grade the site and build a retaining wall.
The medical and retail center planned for the vacant lot is smaller than the five-level , 66,000-square-foot development that was described last year in a Planning Department summary.
According to a 2012 online city document, the City Council approved providing nearly $17 million of financial assistance to a previous version of the development then known as Las Villas Medical Office. It’s not clear, however, if that loan was ever made or being used for the current project.
Last year, marketing material for a new version of the project, called Lincoln Medical Building, described a 47,000-square-foot medical office building. The listing posted on LoopNet notes that the medical offices were located within two miles of the USC medical campus. Is this the version of the project that will finally be built? Stay tuned.
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