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Innovative Housing: Ben Shaoul’s Bold Move with Costco-Integrated Apartments

In a groundbreaking development for urban living, Ben Shaoul has embarked on an ambitious project that seamlessly integrates a Costco store with residential apartments. The site in Baldwin Hills, Los Angeles, is set to become the first of its kind in the United States, showcasing a unique blend of retail and residential spaces.

Ben Shaoul, a prominent figure in real estate and founder of Thrive Living, is spearheading this venture. By topping a Costco store with 800 apartments, Shaoul aims to redefine urban living spaces. The six-story structure will transform the landscape of 5035 West Coliseum Street, a location with a rich history that once housed the View Park Community Hospital.

What sets this project apart is the focus on affordability. Of the 800 units, 184 will be allocated for low-income households. This approach aligns with Ben Shaoul’s commitment to providing housing solutions without relying on government subsidies, a rare feat in today’s real estate market.

Emphasizing design and community, the development includes prefabricated modular units built off-site. Residents will have access to numerous amenities, from courtyards and landscaped walking paths to a rooftop pool, basketball courts, and a fitness area. There will also be spaces for community gatherings, movie nights, and classes, fostering a sense of neighborhood camaraderie.

Ben Shaoul’s project represents a significant leap in urban development, combining convenience with community living. As construction progresses, it is poised to set a new standard for mixed-use developments in major cities across the country. With completion expected by early 2027, the project will undoubtedly headline discussions on the future of urban housing solutions.