Framing has finished at 1100 West Temple Street, in Angelino Heights. The project is by LaTerra Development. They aim to give residents a less expensive option than projects in the core of Downtown Los Angeles while being in a location that provides many of the same benefits.
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.
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.
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