Primestor Development has announced that Target will serve as the anchor retail tenant of the mixed-use development, Evermont, the reinvigoration of 4.2 acres of what has been vacant land for over 30 years at the intersection of Vermont and Manchester Avenues in South Los Angeles.
Target will cover 40,000 square feet of the mixed-use development and will be positioned next to 180 affordable homes for seniors and families, retail stores, a landscaped public transit plaza, a Metro training facility, and improved pedestrian and cycling connections to other community facilities.
“At the heart of this dynamic and proud community, with Target as its anchor, Evermont will provide essential services, stimulate the local economy by creating local jobs, facilitating workforce development, connecting public transportation and sponsoring year-round activities for its residents,” said Primestor CEO Arturo Sneider.
The Evermont project will support the community with an estimated 155 full-time jobs, and during the construction of Evermont itself, provide an estimated 120 new job and training opportunities for the local workforce. Evermont is located along the Vermont Corridor and is home to the second busiest transit stop in the entire L.A. Metro system, making it accessible to many surrounding communities. Target will be located at 8500 South Vermont Ave. Construction at Evermont is anticipated to be complete in 2024.
