The
Wilshire Center/Koreatown Recovery Redevelopment Project Area is situated roughly one and one-half miles west of downtown Los Angeles. It encompasses 1,207 acres and is generally bounded by Fifth Street on the north, 12th Street on the south, Hoover Street on the east, and Eastern Avenue and Wilton Place on the west. It also includes the Vermont Avenue Corridor to the Hollywood Freeway and Western Avenue to Melrose Avenue.
The Redevelopment Plan sets forth an array of goals promoting business retention and expansion, attracting new businesses and developing public improvements.