After almost three years of vacancy, a Degnan Boulevard retail development destroyed by fire in the 1992 riots is going to be rebuilt.
The former site of Dobson's Market at Degnan and 43rd Street was purchased last year by Community Build, a private nonprofit economic development organization formed after the riots. Construction of a retail center is scheduled to begin in the summer.
Although no leases have been signed, Community Build President Brenda Shockley said she is negotiating with several prospective tenants, including a bank branch, a newsstand, a pharmacy, a coffee shop, a restaurant and a print shop.
"We're very excited about this," Shockley said. "We're making this investment because Leimert Park really needs (an economic) jump-start."
Community Build bought the lot for $285,000. Shockley said construction of the two-story, 13,000-square-foot commercial center will cost $1.8 million and will be funded by the city, a private lender and donations. It is expected to be completed by summer of 1996.