South LA housing development would rise near future Crenshaw/LAX Line

The 111-unit project would include a portion set aside for affordable

Los Angeles /
Mar.March 14, 2018 12:00 PM
4252 – 4272 S. Crenshaw Boulevard in South Los Angeles

The Metro Crenshaw/LAX Line hasn’t even been built yet, but already one developer is hoping to benefit from the future transit hub.

An LLC has filed plans to build a 111-unit apartment complex at 4252 – 4272 S. Crenshaw Boulevard in South Los Angeles, Urbanize reported. The entity is called 4252 Crenshaw US Housing. No other information on it was available.

The four-story project would include 28 units set aside for low-income residents, with the developer seeking incentives through the city’s Transit Oriented Communities program. That 25 percent proportion of affordable to market-rate units is higher than many of other projects private developers have filed seeking similar incentives.

An existing 6,840-square-foot auto repair center would be demolished.

The mixed-income residential project qualifies for Tier 4 Transit Oriented Communities incentives, allowing it an 80 percent density bonus. That would let the developer to include more units than existing zoning allows and would not require space for vehicle parking.

Since its rollout in September, 42 apartment projects seeking TOC benefits have been filed with the Los Angeles. In South L.A., a nonprofit housing organization for the homeless is planning to develop a fully affordable 50-unit residence.

Despite the city’s efforts, many question whether the perks are enough to improve the severe affordable housing crisis. Many developers are using the program to build the fewest number of affordable units required, and which allows them to offer additional units at market rate. [Urbanize] — Natalie Hoberman


Related Articles

arrow_forward_ios
Nick Nashanian filed plans for a new apartment complex at 5953 North Hazeltine Avenue in Valley Glen. (LinkedIn; Google Maps)

Developer plans Valley Glen apartment complex with affordable component

Developer plans Valley Glen apartment complex with affordable component
Sola CEO and founder Martin Muoto. (Google Maps)

Sola Impact plans 84-unit apartment project in South LA

Sola Impact plans 84-unit apartment project in South LA
The lot at 3200 S. La Cienega Boulevard in West Adams. (Google Maps)

Developer files for 254-unit West Adams complex

Developer files for 254-unit West Adams complex
The lots of land to be developed to affordable housing (Google Maps, Los Angeles Transit)

Developer plans 75-unit affordable complex in Pico-Union

Developer plans 75-unit affordable complex in Pico-Union
Ben and Jonathan Rocca (Google Maps)

Rocca Development plans 81-unit rental complex in Hyde Park

Rocca Development plans 81-unit rental complex in Hyde Park
14645 Bessemer Street (Google Maps)

Developer plans 71-unit apartment complex in Van Nuys

Developer plans 71-unit apartment complex in Van Nuys
From left: Abraham Zackary, Jacob Zackary, and Shawn Zackary, with 1017-1031 S Mariposa Avenue (Credit: Google Maps)

Zackary Brothers plans 100-unit development in Pico-Union

Zackary Brothers plans 100-unit development in Pico-Union
Cypress CEO Michael Sorochinsky and 2217-2235 West Sunset Boulevard (Credit: Google Maps)

Cypress Equity plans 176-unit complex in Echo Park

Cypress Equity plans 176-unit complex in Echo Park
arrow_forward_ios

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

Loading...