An application has been submitted to the Los Angeles Planning Commission, proposing the development of a new apartment complex at 121 West 3rd Street, Downtown Los Angeles. The project proposal includes the construction of a fifteen-story apartment building with modular apartments replacing an on-site parking lot. The development requires the approval of Density Bonus Incentives to permit increased height and floor area, as well as a reduction in required automobile parking.
Los Angeles-based firm, Relevant Group, is the project developer. Gensler is managing the design concept and construction.
The apartment complex will feature 331 units, offered as a mix of one-bedroom and two-bedroom apartments. The total floor area of the units ranges from 422 square feet to 870 square feet. The complex will be housed above retail space spanning across an area of 6,350 square feet on the ground floor. Thirty-seven on-site parking stalls are also proposed. The developer has proposed to set aside thirty-seven units as deed-restricted affordable housing at a very low-income level. On-site amenities include a fitness room and a rooftop deck 195 feet above sea level.
The rust-colored prefabricated units will be constructed off-site. The building will be arranged in a U-shaped footprint above the podium level with a landscaped central courtyard.
The project is subject to a City Planning Commission hearing. The project is located near the historic Broadway subway station which is also under construction.