Mar 12, 2026
Richman Group, Partners Win Approval for 1,553 Unit Rancho San Pedro Redevelopment in Los Angeles
Traded Media
Traded Editorial
Key Points
- The Los Angeles City Council approved the redevelopment of the Rancho San Pedro public housing complex near the Port of Los Angeles.
- A joint venture including Richard P. Richman will replace 478 existing homes with up to 1,553 new residential units.
- The project will deliver 1,090 affordable units, 130,000 square feet of commercial space, and more than five acres of public open space.
What the Rancho San Pedro redevelopment includes
The Los Angeles City Council has approved plans to redevelop the Rancho San Pedro public housing complex, a nearly 20-acre site near the Port of Los Angeles that dates back to the World War II era. The redevelopment is being led by One San Pedro Collaborative, a partnership between The Richman Group, National CORE, Century Housing, and the Housing Authority of the City of Los Angeles. The project will replace the aging public housing complex with a significantly larger mixed-income community. Plans call for up to 1,553 new residential units, replacing the 478 existing homes currently on the property. Of those units, 1,090 will be deed-restricted affordable housing, maintaining the site’s role as a major affordable housing community in Los Angeles.
What the density increase means for the project
The redevelopment will more than triple the housing density of the existing complex. Buildings across the site will range between 60 and 180 feet in height, creating a multi-building development that spans nine city blocks. The design team includes SVA Architects, TCA Architects, and City Fabrick, which will oversee the planning of the large-scale mixed-use community.
Beyond housing, the plan includes:
- Up to 130,000 square feet of commercial space
- More than five acres of publicly accessible open space
- New pedestrian connections and community areas
The mixed-use design aims to transform the existing property into a modern neighborhood rather than a traditional isolated public housing complex.
What the phased redevelopment plan looks like
The project will unfold over approximately 20 years, allowing current residents to transition into replacement housing during the redevelopment process. The first phase of construction began in 2025 with a 47-unit building at 327 North Harbor Boulevard. That four-story project will serve as replacement housing for existing Rancho San Pedro residents, enabling the redevelopment of the larger complex to move forward in phases. Phased redevelopment is commonly used in public housing projects to ensure current residents can remain in the community during construction.
What the approval means for public housing redevelopment in Los Angeles
The Rancho San Pedro redevelopment is part of a broader effort by the Housing Authority of the City of Los Angeles to modernize aging public housing properties across the city. Several other large projects are already underway or completed, including redevelopment efforts at Dana Strand in Wilmington and Jordan Downs in Watts. These projects typically replace older low-density housing with higher-density mixed-income communities, adding amenities, open space, and commercial uses while preserving affordable units.
For developers and investors, these public-private partnerships are becoming an important part of large-scale housing production in Los Angeles, particularly as cities look to redevelop aging housing assets and increase overall supply. The Rancho San Pedro redevelopment represents one of the largest long-term housing transformation projects near the Port of Los Angeles, bringing thousands of new homes and neighborhood amenities to the San Pedro waterfront area.