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The Real Deal Los Angeles

LA’s Metro stations are attracting more residential projects

The latest is a 296-unit apartment planned near Monrovia Station
March 01, 2018 08:20AM

Station Square South Apartments (Credit: Architects Orange)

Developers are targeting residential construction near Metro stations, hoping to take advantage of the city’s transit-oriented building incentives and an increased willingness among residents to forego the car entirely.

The latest is a 296-unit apartment complex, to be called Station Square South, planned for the area just south of the Gold Line’s Monrovia Station, Urbanize reported.

Richman Group is the developer, and Architects Orange is designing the building. It will rise on the corner of Magnolia Avenue and Duarte Road. It will have courtyards, a pool, dog park and walking path.

Nearby, construction is about to be completed on MODA, a 261-unit development by Legacy Partners.

The Richman Group is also working on a 127-unit project with a retail component near the Red Line’s North Hollywood Station.

Last year Greenland USA, part of Greenland Group, left a project for a different development near the North Hollywood station. Developer Trammell Crow is going forward with that project, will present plans by year’s end. The firms were selected by the Los Angeles County Metropolitan Transportation Authority in May. [Urbanize] — Hannah Madans