Rescore Property Corp. Nears Completion of Retail at Rise Koreatown Mixed-Use Project in Los Angeles

• Rescore Property Corp. advancing 52,000-SF retail component in Koreatown
• Project includes 350+ residential units above-ground-floor retail
• Anchored by 30,000-SF Zion Market with opening expected this year

What this project means for Koreatown retail

Rescore Property Corp. is nearing completion of the retail portion of Rise Koreatown, a seven-story mixed-use development in Los Angeles. The project will deliver more than 52,000 square feet of retail space, strengthening Koreatown’s position as a high-density, mixed-use urban hub. With a strong residential base above, the development is designed to create built-in foot traffic, a key driver for urban retail success.

What the tenant mix signals for demand

The retail component will be anchored by Zion Market, a 30,000-square-foot supermarket specializing in Korean and Asian foods. This type of anchor tenant is critical in mixed-use projects, providing daily traffic and long-term stability for surrounding retailers. The concept also reflects the neighborhood’s demographics, aligning with Koreatown’s strong demand for culturally relevant retail and dining options.

What the design brings to the asset

The project was designed by Nadel Architects, drawing inspiration from South Korea’s social dining environments. The layout emphasizes shared spaces and clustered retail, creating a destination-style experience that encourages longer visits and higher tenant sales. This approach aligns with a broader shift toward experience-driven retail environments in urban markets.

What this means for investors and landlords

Rise Koreatown highlights the continued strength of mixed-use development in dense urban neighborhoods. For investors, projects that combine residential density with curated retail offer diversified income streams and stronger asset performance. For landlords, integrating essential retail like grocery alongside experiential tenants remains a proven strategy for long-term occupancy and foot traffic growth.