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$18.7M approved for new Plaza Pacoima

August 13, 2008 5:54:28 AM PDT
A new multi-million dollar shopping center in Pacoima is a step closer to reality.The L.A. City Council has approved spending $18.7 million to help build it.

Plaza Pacoima will be on Paxton Street, next to the 118 Freeway. The 18-acre shopping center will include a Costco and a Best Buy.

It is slated to open in 2010 and is expected to generate $153 million dollars in revenue over the next 30 years.

Half of the permanent jobs will be set aside for local residents.


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