INGLEWOOD — Former NBA lottery pick Josh Childress always knew he had the potential to be more than just an athlete.
Over the next 10 to 15 years, Childress hopes to build a sizable real estate and investment portfolio that eventually surpasses the tens of millions of dollars he earned playing in the NBA and in the EuroLeague.
“That’s my goal,” Childress said. “I said that was a big part of my motivation in starting the company and really creating a business that I own and operate is (because) I want to make more off the court than I made on the court. … Not that it’s all about money, it’s about building but it’s always nice to have financial goals in what you’re doing and that is my goal.”
A new real estate venture by former NBA player Josh Childress has bought a Santa Ana retail site across the street from South Coast Plaza for $9.5 million. Childress is seen here as an Atlanta Hawk in 2006. (AP Photo/John Bazemore)
Former NBA player Josh Childress participated in the “Athletes in Business” panel at the LA Sports Innovation Conference at Hollywood Park in Inglewood, California on November 9, 2022. (Photo by John W. Davis, Press-Telegram/SCNG)
Former NBA player Josh Childress participated in the “Athletes in Business” panel at the LA Sports Innovation Conference at Hollywood Park in Inglewood, California on November 9, 2022. (Photo by John W. Davis, Press-Telegram/SCNG)
Former NBA player Josh Childress participated in the “Athletes in Business” panel at the LA Sports Innovation Conference at Hollywood Park in Inglewood, California on November 9, 2022. (Photo by John W. Davis, Press-Telegram/SCNG)
Former NBA player Josh Childress poses for a photo after speaking at the LA Sports Innovation Conference at Hollywood Park in Inglewood, California on November 9, 2022. (Photo by John W. Davis, Press-Telegram/SCNG)
Josh Childress, former basketball pro and CEO of LandSpire Group, speaks to the media before giving $200 gift cards to 50 families in need because of the coronavirus pandemic. Each family is invited to shop at the Compton Grocery Outlet store before it opens to the public on Wednesday, April 15, 2020.
(Photo by Axel Koester, Contributing Photographer)
Josh Childress, former basketball pro and CEO of LandSpire Group, along with Compton City Councilwoman Tana McCoy, hands out $200 gift cards he has donated to 50 needy families to shop at the Grocery Outlet store in Compton on Wednesday, April 15, 2020.
(Photo by Axel Koester, Contributing Photographer)
Josh Childress, former basketball pro and CEO of LandSpire Group, speaks to the media before giving $200 gift cards to 50 families in need because of the coronavirus pandemic. Each family is invited to shop at the Compton Grocery Outlet store before it opens to the public on Wednesday, April 15, 2020.
(Photo by Axel Koester, Contributing Photographer)
Josh Childress, former basketball pro and CEO of LandSpire Group, speaks to the media before giving $200 gift cards to 50 families in need because of the coronavirus pandemic. Each family is invited to shop at the Compton Grocery Outlet store before it opens to the public on Wednesday, April 15, 2020.
(Photo by Axel Koester, Contributing Photographer)
Josh Childress, former basketball pro and CEO of LandSpire Group, along with Compton City Councilwoman Tana McCoy, hands out $200 gift cards he has donated to 50 needy families to shop at the Grocery Outlet store in Compton on Wednesday, April 15, 2020.
(Photo by Axel Koester, Contributing Photographer)
Childress grew up in Compton and is a 2001 graduate of Mayfair High in Lakewood, where he was a McDonald’s All-American. The 6-foot-8 small forward went on to play college basketball at Stanford before being selected sixth overall in the NBA Draft by the Atlanta Hawks in 2004.
He has transitioned to a new arena in the business world as the CEO of LandSpire Group, a Los Angeles-based real estate investment firm that is focused on revitalizing communities of color with strategic live, work and thrive developments that for example sometimes include daycare facilities to ease the burden of working parents.
“Even our name, LandSpire, is to inspire change through land development and land investment so that’s a big part of what we do and why we do it,” Childress said. “I would be doing myself and my community a disservice if it was only about the money. That’s an important piece of it. You have to have some sort of commercial…