A new apartment complex has been proposed for construction at 529 East Palm Avenue in Burbank. The project proposal includes the development of a four-story building offering residential spaces. A series of small residential buildings completed in the 1920s and 1950s could be razed and redevelopment with a larger apartment complex. The proposed project would replace four existing residential units.
Palm Townhomes LLC, an entity linked to Burbank-based Gerro Properties, is the property owner. BOLADarck is designing the project.
Named Palm Townhomes, the proposed project will be a new four-story building, featuring 24 residential units. The units will be designed as a mix of one-bedroom, two-bedroom, and three-bedroom apartments ranging from 738 to 1,211 square feet in size. Plans also call for 38 parking stalls in a subterranean garage.
City records indicate that the project is being entitled using density bonus incentives to permit a larger structure than otherwise allowed by zoning rules. In exchange, eight of the proposed apartments will be set aside as affordable housing at the very low-income level.
Renderings depict a building clad in painted stucco, with a decorative screen ornamenting the Palm Avenue side of the site. The project site is located just northeast of the Burbank Downtown Transit Oriented Development Specific Plan area, a roughly 1,000-acre district where city officials have pushed to concentrate future growth.
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There will only be Three (3) very low income affordable units in this 24 Condominium unit building. Consists of two adjoining lots above Glenoaks Blvd.