A new mixed-use project has been proposed for development at 400 South San Vicente Boulevard in Beverly Grove. The project proposal includes the construction of an eight-story mixed-use building offering spaces for commercial and residential uses. Plans call for the redevelopment of a 1980s retail complex on the site.
The Abraham Companies is the project developer. Steinberg Hart Architects is responsible for the designs.
The project continues to move forward with the release of a sustainable communities environmental assessment by the Los Angeles Department of City Planning. Plans call for a new eight-story building featuring 126 apartments atop 11,840 square feet of ground-floor retail and restaurant space. Plans also call for three levels of subterranean parking with space for 153 vehicles.
Requested entitlements for 400 San Vicente include density bonus incentives to permit a larger structure than zoning rules would otherwise allow. In exchange, 15 percent of the property’s base density-14 apartments in total-will be set aside for rent as deed-restricted affordable housing at the very low-income level.
The mixed-use will be built using Type I construction, blending concrete and steel-frame construction. The project façade will rise 100 feet in height, matching the scale of existing and planned developments along the San Vicente corridor. However, it would be notably shorter than the Beverly center and high-rise buildings proposed nearby.
The mixed-use project would rise near Cedars-Sinai and the Beverly Center. Construction is anticipated to occur in a 26-month period, with groundbreaking set to occur in early 2024. Completion date is set for 2027, however, the timeline is contingent on the approval of entitlements including the density bonus incentives, as well as a conditional use permit to augment the amount of proposed housing.