Levels are rising at 200-250 North Vermont Avenue, in Koreatown. The project, a partnership between Hankey Investment Company and Jamison Properties, will be mixed use, bringing more residential to what is largely a commercial stretch. The project is expected to wrap up between 2022 and 2023.
200-250 North Vermont Avenue. Photo by Stefany Hedman.
The lot is about two and a half acres in size. An existing 9,280 commercial area was demolished to create the new site. The design will take up most of the lot, at six stories tall, with 500,100 total square feet of floor. Retail will have 35,000 of that space, largely on the ground floor.
200-250 North Vermont Avenue. Rendering via MVE.
As for residences, 490 units will be inside. Forty-nine of them will be low income housing. They will range from 500 to 1,200 square feet each. There will be two levels of parking, with a total of 1,130 spaces. The transit oriented development, is adjacent to the redline subway stop at Vermont and Beverly, midway between Downtown Los Angeles and Hollywood.
200-250 North Vermont Avenue. Rendering via MVE.
MVE is the architectural firm providing services for the design. The team has chosen a contemporary aesthetic. Abundant amenities will include an outdoor lounge and living room, a pocket park, ground floor retail plaza, outdoor fitness area with a pool court, jacuzzi and lap pool.
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I would like to rent one of your units either a one bedroom one bath or a studio.