2968 West 7th Street tops out in Koreatown, Los Angeles

2968 West 7th Street. Image via MVE Architects.2968 West 7th Street. Image via MVE Architects.

2968 West 7th Street has reached its structural height in Koreatown, Los Angeles. The project, entitled “Nexen,” is a partnership between Jamison Services and City Century, who filed for a $27 million permit valuation. The seven-story structure is beginning to take shape on a parcel once occupied by surface parking and a single-story commercial building.

2968 West 7th Street. Image by Stefany Hedman.

2968 West 7th Street. Image by Stefany Hedman.

When completed, the building will reach a height of 91 feet, length of 147 feet, and a width of 342 feet, with 200,279 square feet of floor area and 4,814 square feet of landscape. Plans set aside the ground level for 7,800 square feet of restaurant and retail use.

2968 West 7th Street. Image via MVE Architects.

2968 West 7th Street. Image via MVE Architects.

The top five floors will be a mix of studio, one, and two-bedroom apartments, totaling 228 dwelling units. Adding 94 units qualify the structure for a density bonus, and 23 units will fall under the extremely low-income tier for 55 years.

2968 West 7th Street. Image via MVE Architects.

2968 West 7th Street. Image via MVE Architects.

The residents’ amenities include a pool deck and courtyard, a roof terrace, an amenity lounge, and a fitness center. There will also be parking for 229 vehicles and 136 long-term and 18 short-term bicycle spaces. MVE Architects designed the podium style. Wilshire Construction is the general contractor for the building. It is expected to reach completion by the winter of 2021.

2968 West 7th Street. Image via MVE Architects.

2968 West 7th Street. Image via MVE Architects.

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