What’s the deal with this $400 million building? | Axios

When construction begins on a $400-million new development at the corner of Cesar Chavez and La Cienega, the first of several mixed-use developments, developers are taking a risk that their work will create jobs.

Here’s what you need to know.

less In a photo taken by a member of the public on June 1, 2018, a building on the site of the proposed project, located at 17000 Mission Ave., is seen.

The developer behind the project, a Mexican firm, has plans to build 1,000 apartments.

The project is in a development zone that extends into a commercial district.

(Photo: Mike Blake/The Republic)