Residential complex planned for car wash in pricey Beverly Grove
Cleveland-based Stark Enterprises filed plans last week for a 96-unit apartment complex in Beverly Grove, two months after buying the car wash site for a whopping $652 per square foot.
The project calls for 5,500 square feet of retail and up to 8,500 square feet of restaurant space, according to Curbed.
Of the 96 apartments, nine would be set aside for very low-income households.
Stark paid $21.25 million for the quarter-acre lot at 431 N. La Cienega Boulevard — the third priciest-per-square-foot deal in West Hollywood since 2000, The Real Deal first reported. The company, led by CEO and founder Robert Stark, is partnering with the local developer Robin Group on the project. [Curbed] — Cathaleen Chen