Stories are rising at 3170 West Olympic Boulevard, in Koreatown. The project has been dubbed “The Bora.” Previously, ground-level buildings on the site were demolished a couple of years ago. Bando Dela Corp recently purchased the site for $20.3 million.
Construction has started on a mixed-use apartment building with some low-income housing at 6933 West Santa Monica Boulevard, in Hollywood, Los Angeles. Onni Contracting, a Canadian company with projects across North America, is the developer behind the project. They have titled it “MR2 Lofts.” The site used to be 15,000 square feet of commercial space, with a single-level building and automotive storage.
Located in the heart of Koreatown, Orbinvest Capital has gotten the green light to create a new and affordable apartment complex. The building will be within walking distance of both the subway line and bus stops circulating the greater Los Angeles area. When the site is complete, Orbinvest Capital aim to have a welcoming environment that feels new but that is also inspired by the history of the buildings within the city limits.
Construction crews are in the process of excavation for a seven-story mixed-use apartment building at 1630 North Schrader Boulevard in Hollywood, Los Angeles. Dubbed the Hollywood Arts Collective, the $120 million project will replace a 149-car surface parking lot with affordable housing for artists, performing arts space, gallery, and rehearsal studios. Thomas Safran and Associates is responsible the development as the applicant and property owner.
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