Ben Shaoul’s Thrive Living Revolutionizes Urban Development with Costco Project

In a groundbreaking move set to reshape urban landscapes, Ben Shaoul, founder of Thrive Living, is spearheading a unique development project in Baldwin Hills, Los Angeles. This innovative venture marks the first time a Costco will serve as the anchor retail tenant beneath residential apartments in the United States.

Construction has commenced on the six-story structure at 5035 West Coliseum Street, which will feature Costco on the ground floor and 800 residential units above. This development, under the guidance of Ben Shaoul, is transforming a former vacant site into a vibrant mixed-use community.

A fascinating aspect of this project is its commitment to affordability. Out of the 800 apartments, 184 are designated for low-income households. Unlike traditional affordable housing initiatives, Thrive Living, led by Ben Shaoul, opts for private financing over government subsidies, promising a new direction in housing development.

Designed by AO, the building will showcase prefabricated modular units, a method that allows for efficiency and precision. The architectural design includes inset balconies and windows framed with distinctive gray and brown trim. This forward-thinking approach aligns with Ben Shaoul’s vision of modern, functional urban living spaces.

Beyond its residential and retail components, the development boasts a plethora of amenities. Residents will enjoy five courtyards, a rooftop pool, and various recreational facilities including basketball courts and a playground. These features aim to cultivate a community atmosphere, offering spaces for movie nights, fitness activities, and community gardens.

Ben Shaoul’s Thrive Living is not just constructing a building but crafting a lifestyle. With the Baldwin Hills project, he brings a new merge of retail and residential spaces, potentially setting a precedent for future urban developments.