Governor Newsom recently announced $125 million in state funding for the construction of veteran’s supportive housing developments across California. More than half of the funding will go toward eight projects in Los Angeles, creating more than 300 homes.
After seven years, City Council has finally granted approvals for a car wash redevelopment project proposed at 949 South Figueroa Street in Downtown, Los Angeles. The project proposal includes the redevelopment of downtown’s most outdated carwash with a high-rise building. City Council approved a master conditional use permit and a transfer of floor area rights agreement for the tower.
Monrovia-based architecture firm Nardi Associates is responsible for the design concepts.
A new residential project has been proposed at 400 East Adams Boulevard in Historic South-Central, Los Angeles. The project proposal includes the development of a four-story modular workforce housing project, replacing a car wash and a small restaurant on the site. Beverly Hills-based real investment firm Markwood is the project developer. The developer bought the property for $3 million. AERO Collective and AO have partnered to work on the design concepts.
A new residential complex is under construction at 1317-1325 New Hampshire in East Hollywood, Los Angeles. The project proposal includes the development of a seven-story multifamily residential complex neat the intersection of Fountain Avenue and Vermont Avenue. Skya Ventures is the project developer. KFA Architecture is responsible for the design concepts.
A new mixed-use project is available on the market at 901 North Vine Street in Hollywood, Los Angeles. The recently finished project is a mixed-use building featuring residential and retail spaces. The project replaced a car wash on the site. Plus Architects is responsible for the design concepts. Vine Equity Capital, LLC is the project developer.
