Developer Fred Afari plans apartment building near Echo Park Lake

The four-story building at 1601 Park Avenue would span 12K sf

TRD LOS ANGELES /
May.May 10, 2017 04:00 PM

An entity attached to developer Fred Afari is planning an 11-unit apartment building on an empty piece of land in Echo Park, plans filed with the city this week show.

The four-story building directly across from Echo Park Lake at 1601 Park Avenue would span just over 12,400 square feet and would include 16 parking spaces, the Eastsider reported.

In 2015, Afari picked up the plot of land when he paid $18 million for the International Church of the Foursquare Gospel’s 15-property Echo Park portfolio, the Los Angeles Business Journal reported at the time.

The portfolio included nine multifamily properties, two single-family homes, three land parcels and one warehouse building, all in proximity to Echo Park Lake.

The land where the proposed new building would rise was previously the site of a 1920s building that collapsed in 2000, killing one person and injuring 35 more.

Last week, Council member Mitch O’Farrell submitted motions to discourage “dense” development in Echo Park and Silver Lake, both neighborhoods in his district. [Eastsider]Miriam Hall


Related Articles

arrow_forward_ios
California State Senator Scott Wiener and Construction Trades Council President Robbie Hunter

Construction union pulls “anti-Semitic” Scott Wiener attack ad

Construction union pulls “anti-Semitic” Scott Wiener attack ad
Federal authorities charged developer Serena Shi in an alleged $20 million EB-5 scam

Coachella condo project at center of $20M alleged EB-5 fraud

Coachella condo project at center of $20M alleged EB-5 fraud
California State Senator Scott Wiener

Coronavirus could hurt LA’s density push

Coronavirus could hurt LA’s density push
Renters across LA are at their wits end with construction and renovations (Credit: iStock)

LA renters stuck at home are fed up with ‘disruptive’ construction projects

LA renters stuck at home are fed up with ‘disruptive’ construction projects
Mayor Eric Garcetti and SoFi Stadium Justin Sullivan and Scott Varley/MediaNews Group/Torrance Daily Breeze via Getty Images)

LA will shut down construction sites that don’t follow COVID-19 guidelines

LA will shut down construction sites that don’t follow COVID-19 guidelines
EKN Development Partner’s hotel rendering

Developer seeks to build hotel near Echo Park

Developer seeks to build hotel near Echo Park
Architect Simon Park and a rendering of the project (Credit: SSPSTUDIO ARCHITECTURE & URBAN DESIGN)

Boyle Heights slated for another mixed-use project

Boyle Heights slated for another mixed-use project
Monica Rodriguez orchestrated the nixing of a residential project set for the Verdugo Hills Golf Course (Credit: Google Maps, Wikipedia)

The threat of fire doomed this Tujunga resi project. Now the developer will sue

The threat of fire doomed this Tujunga resi project. Now the developer will sue
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...