Another mixed-use development will soon be available on the market at 5109 West Adams Boulevard in Los Angeles. The project proposal includes the construction of a building offering residential and retail spaces. CIM Group is the project developer. Studio One Eleven is managing the design concepts and construction.
The Metropointe has opened at 3524 Chesapeake Avenue, in West Adams. The project has increased density at the location by up to 70 percent. Schaffel Development Company is behind the two building projects, referred to as Metropoine North and Metropoine South.
Another residential complex will soon be available on the market at 1621 North McCadden Place in Hollywood, Los Angeles. The project proposal includes the construction of an apartment complex with micro-units and no parking. Vertical construction is now complete for the project situated south of Hollywood and Highland. Seattle-based real estate development firm Housing Diversity Corporation is the project developer. Steinberg Hart is managing the design concepts and construction.
Alagem Capital Group, in partnership with Cain International, recently announced their joint venture One Beverly Hills in Los Angeles. The project is a striking and dynamic mixed-use urban resort in the center of world-famous Beverly Hills. The 1.375 million-square-foot project is designed as an environmentally sustainable, mixed-use urban resort around botanical gardens. Gensler and Foster + Partners are managing the design concepts and construction. RIOS is the landscape architect for the project.
Stories are starting to rise at 4200 West Pico in Mid-City, Los Angeles. The project will bring 54 units of permanent supportive housing for seniors to the area. Wakeland, a development company that specializes in California affordable housing, is behind the project.