LA approves $2B 'urban village' plan for former cold storage facilities

The project promises an interconnected neighborhood with a focus on public space.

1 minute read

July 21, 2026, 8:00 AM PDT

By Diana Ionescu @aworkoffiction


White Los Angeles Cold Storage building in downtown Los Angeles.

A Los Angeles Cold Storage building. | Logan Bush / Shutterstock

The Los Angeles City Council approved a proposed $2 billion project billed as an "urban village" that would replace a site currently occupied by cold storage facilities, reports Soo Kim in Newsweek.

The project, Fourth & Central, promises to bring over 1,500 housing units to the area as part of an "interconnected neighborhood" with two acres of public space. "The buildings are planned as all-electric structures with no on-site operating emissions and high energy-efficiency standards." 

According to Kim, "The project involves demolishing existing warehouses and cold storage facilities, with a minor, conditional plan to adaptively reuse a portion of one building, the original home of the L.A. Ice and Cold Storage Building, which dates to approximately 1903." The century-old building has been used for frozen goods for its entire lifetime and must be thawed to assess its structural integrity and possibility of reuse.

The developer says the complex will offer at least 262 affordable housing units at the extremely low- and very low-income levels.

Wednesday, July 15, 2026 in Newsweek

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