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Lakewood is a post-World War II planned community. The "altering forever" map of Southern California is credited to developers Louis Boyar and Mark Taper. The developers' plan was completed in 1953 and began in late 1949. It helped transform mass-produced housing from its earlier stages in the 1930s, and 1940s, to the modern reality of the 1950s. WWII vets could obtain home loans with no downpayment and a 30-year mortgage at 4% interest. An estimated 30,000 people lined up for a walk through seven model homes on the first day of sales (March 24, 1950). More than 200,000 people had already flocked to Lakewood Park's sales office by April end, and over 1,000 families had already purchased their homes. One occasion saw 107 homes sold in one hour. Monthly costs ranged from $44 to $56, which includes principal, interest, and insurance.
Lakewood was a landmark. In less than three years, empty fields were transformed into 17,500 homes. Every 7+1/2 minutes, 40-60 houses were built, and 110 were completed in one day.
Lakewood's main thoroughfares consist mainly of boulevards with landscaped medians and frontage roads that run through residential areas. Access to the main road via the frontage road is not possible, unlike in other similar arrangements. However, collector streets are only occasionally available. Urban planners today hail this arrangement as a compromise between traditional urban grids and the winding "drives" or cul-de-sacs that dominate contemporary suburban and exurban design.
