The Real Deal Los Angeles

Dynamic Development plans 96-unit apartment building in Los Feliz

The five-story complex would include affordable units

June 08, 2016 02:00PM

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Dynamic Development Company CEO Damon Porter and 1868 North Western Avenue

Dynamic Development Company CEO Damon Porter and the gas station 1868 North Western Avenue

Los Feliz could be getting a new apartment complex.

Santa Monica firm Dynamic Development Company has filed plans with the city to build a mixed-used residential complex at the corner of Western and Franklin Avenues. The proposed development is a five-story building with 96 units, 16 of which would be set aside for low-income households.

The project, according to city filings, would also include more than 5,500 square feet of commercial space and a subterranean parking lot.

The project would be built on a .86 acre of land that spans five addresses. Part of the parcel is currently occupied by a Valero gas station.

Two buildings would be demolished to construct the multifamily building, including two housing units, Urbanize reported.

Nearby in Echo Park, Dynamic is developing a multi-family housing project at 1003 and 1013-1015 Everett Street in partnership with Weinstock Companies, according to its website.  — Cathaleen Chen