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

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