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Costco Plans New Warehouse Beneath Affordable Housing in South Los Angeles

The retail giant will develop a unique site combining a warehouse and residential units, supporting local housing initiatives.

Summary

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Terms & Concepts
  • Affordable housing: Residential units offered at below-market rates to support low-income or moderate-income residents.
  • Warehouse store: A large retail space offering bulk goods and wholesale prices, commonly operated by membership-based retailers like Costco.