Ramcliff Construction and Development has started excavation at 708 New Depot Street in Los Angeles. When completed, the site will provide denser housing and a couple of low-income housing units to Chinatown. The site received an 11 percent density bonus.
708 New Depot Street. Photo by Stefany Hedman.
The building will be six stories high with a total of 25700 square feet of floor. The dimensions will be 67 feet tall, 108 feet long, and 56 feet wide. Inside there will be 33 apartment units, 3 of which will fall under the very low-income tier.
708 New Depot Street. Rendering by Labyrinth Design Studio.
Below ground, there will be 2 levels of parking. The site will provide 60 parking stalls, with 36 long-term and 4 short-term bicycle parking spaces included. 2,100 square feet of the landscape will be available to residents. The Lincoln Heights/Chinatown bus stop is within a short walking distance, providing additional transportation.
708 New Depot Street. Photo by Stefany Hedman.
Labyrinth Design Studio is the architectural firm behind the project. The rendering depicts a modern, somewhat narrow podium design, with balconies that face New Depot street, adding interest and dimension. $5.1 million was the permit valuation at the time of filing.
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