A developer has filed plans for a 77-unit residential development in Venice in a neighborhood that has seen a recent rise in apartment construction.
The proposed mixed-use building at Lincoln Boulevard and Venice Boulevard would replace a car wash, commercial building, and parking lot. It would rise just around the around the corner from a 56-unit project whose plans were filed last year.
For the most recent proposal, the owner of the property at 2452-2454 Lincoln Boulevard filed plans Friday, according to Urbanize. The area is characterized mostly by low-rise commercial and residential development, but these two projects could spark more vertical building.
There would be 69 market-rate units and eight units set aside for affordable housing. The project does not yet take advantage of transit-oriented community density bonuses. Those TOC constructions — which are encouraged near transit stations — have become a priority for Los Angeles, and nearly two-dozen proposed developments have been filed in the last several months.
Plans were filed in November for the 56-unit project a few blocks away at 1015 Venice Boulevard , according to Urbanize. That project does take advantage of TOC bonuses, which allow for smaller side and rear yards, as well as a higher floor-to-area ratio.
Fogel Real Estate filed for a much smaller 25,400-square-foot mixed-use development on Hampton Drive in September, but that project leans heavily toward commercial use, with just eight live-work condo units. [Urbanize] – Dennis Lynch