Slowly but surely, more housing is making its way to Skid Row.
Developer Skid Row Housing Trust is getting ready to begin construction on its 54-unit apartment building at 649 S. Wall Street, at the corner of 7th Street, Urbanize reported.
The site was recently cleared for construction to make way for the seven-story building, dubbed 649 Lofts, which will provide permanent housing for formerly homeless and at-risk individuals. The contemporary structure would rise above 25,000 square feet of ground-floor retail space and 25 parking spots.
Renderings from Abode Communities feature multiple outdoor decks, plenty of green spaces and glass walls within the modern-looking structure.
Rendering of the project at 649 S. Wall Street (Credit: Adobe Communities)
It is unclear when the $27 million project will be completed.
Rents at the complex will run between $473 and $788 per month, according to a document from the State Treasurer’s Office.
Skid Row manages over 26 buildings to house and support homeless people in L.A. The developer is also planning a 14-story, 151-unit affordable complex nearby at 609-623 E. 5th Street, as well as an 81-unit residential complex at 655 S. San Pedro Street. [Urbanize LA] — Natalie Hoberman