The Pico Union 2 Redevelopment Project contains 227 acres and is located approximately two miles southwest of the Central Business District. The Project is bounded generally by Olympic Boulevard on the north, Union and Burlington Avenues on the east, the Santa Monica Freeway on the south and Hoover Street on the west.

The Pico Union 2 Redevelopment Plan was originally adopted by the Los Angeles City Council on November 27, 1976, and amended on May 9, 2001. The Plan sets forth a variety of goals ranging from neighborhood revitalization, historic preservation, public improvements, commercial development and construction of affordable new housing.