The “Kenmore,” at 966 South Kenmore Avenue, in Koreatown, has opened. The site was developed by Jameson Services. It is now student housing, by Tripalink, which has several other housing sites throughout Los Angeles.
An eight-story apartment complex is planned at 5001 Wilshire Boulevard in Hancock Park. The project proposal includes the construction of 242 residential units and the demolition of a strip mall. The retail center that will be replaced was built in the 1980s at the northwest corner of Wilshire Boulevard and Highland Avenue. Pacific Springs LLC is the developer property owner. TCA Architects is managing the design concept and construction of the project.
Back-to-back developments are rising at 839 Fedora Street and 826-840 South Mariposa Avenue, in Koreatown. CGI Strategies is the developer behind both buildings. Six lots were assembled to make the site, which was acquired in 2017. The site will have a large roof deck that will provide views of the Los Angels Skyline.
Community Corp of Santa Monica celebrated the successful groundbreaking of an affordable housing project at 1819 Pico Boulevard in Santa Monica. The project proposal includes constructing a four-story building with residential units, commercial space, and basement parking. The $41-million project has secured generous funding from tax credit equity, a bank loan, and $13.3 million provided by the City of Santa Monica.
“The Rise,” at 1331 North Cahuenga Boulevard in Hollywood, has started pre-leasing. The project is by Rescore. It will bring 369 new apartments to the area and 2,872 square feet of commercial space.
