New mixed-use development can be seen taking form and shape at 3170 Olympic Boulevard in Koreatown, Los Angeles. The project proposal includes the construction of a building with residential and retail space. The project replaced a series of small commercial and residential buildings.
Bando Dela Corp is developing the project. Archeon Group is managing the design concepts and construction.
3170 Olympic Boulevard View via Archeon Group
The new development will bring 252 apartments in a seven-story structure. The residences will be offered as a mix of studio, one-bedroom, and two-bedroom units. Retail space spanning an area of 32,100 square feet is proposed on the ground floor. Parking space with a capacity of 311 vehicles is also planned on the site. The developer will set aside 46 apartments as deed-restricted affordable housing at the low-income level.
On-site amenities are inclusive of a rooftop deck and a courtyard swimming pool. Renderings reveal a contemporary design composed of wood-frame construction above a two-level concrete podium. Facades will be polished in stucco and metal panels.
3170 Olympic Boulevard Construction via Google Maps
The estimated date of project completion has not been announced yet.
The property site is located on the southern end of Olympic Boulevard between Serrano Avenue & Hobart Boulevard. The property sits within walking distance of two multifamily housing developments in the neighborhood.
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