New Costco store that will come with 800 apartment units.

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LOS ANGELES — A new Costco store that is bringing affordable housing to Southern California is breaking ground on Wednesday.

Developer Thrive Living plans to use a five-acre site in the Baldwin Village neighborhood in South Los Angeles to build 5035 Coliseum – a mixed-use complex that features the members-only warehouse store and residential rental units.

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The retail-housing project will feature 800 apartment units above the new Costco.

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