A new affordable housing project has been planned at 318 West 45th Street in South Park, Los Angeles. The project proposal includes the development of a five-story apartment building offering apartments at affordable rates.
Steve & Sohyun Park Lee Foundation is the project developer. PQNK Architecture is responsible for the design concepts.
The project, a ground-up project on a vacant lot, is in the process of converting the shell of a never-finished community center into affordable housing. The fully affordable development will consist of a five-story building containing 42 apartments above 23 parking stalls at street level.
Requested entitlements include Transit Oriented Communities incentives permitting increased height, density, and floor area, as well as reductions to required setbacks. The project is eligible for Tier 4 incentives as a fully affordable development. Renderings reveal a contemporary low-rise structure with a central courtyard and a rooftop deck facing west.
The Park Lee Foundation acquired the project site along with the unfinished community center in 2019, according to city records. The building at 45th and Broadway was originally planned by People Coordinated Services of Southern California (PCS) to develop the property as a youth and recreation center and received seed funding through Proposition K in 2009. Construction began in 2013, and proceeded until the discovery of old concrete footings and buried trash requiring soil remediation, stalling work, and increased the project’s price tag beyond available funding. Work was abandoned in 2015, with the structure 60 percent finished.
The project site is located at the intersection of 45th Street and Broadway in the South Park neighborhood.
Subscribe to YIMBY’s daily e-mail
Follow YIMBYgram for real-time photo updates
Like YIMBY on Facebook
Follow YIMBY’s Twitter for the latest in YIMBYnews
Be the first to comment on "Affordable Housing Planned At 318 West 45th Street, South Park, Los Angeles"