A tipster sends word that a large dirt pit has taken form at the southeast corner of San Vicente Boulevard and La Brea Avenue, signaling that construction is now underway for a new retail center.

The project, which spans approximately 1.3 acres, would consist of a two-story structure featuring 75,000 square feet of retail space and approximately 337 parking spaces.

According to a leasing brochure, the project is being developed by Los Angeles-based real estate firm CIM Group.

Delivery is expected sometime in 2017.