119-unit residential complex slated for West LA

BLT Enterprises wants to build a 119-unit project on Santa Monica Boulevard

Los Angeles /
May.May 25, 2018 03:00 PM
BLT Enterprises’ Daniel Rosenthal and 11261 Santa Monica Boulevard

BLT Enterprises is bringing the bacon to West Los Angeles.

The Santa Monica-based developer wants to build a 119-unit project at 11261 Santa Monica Boulevard, a half-acre site just off the 405 at the corner of Beloit Avenue. The site is currently home to a gas station.

An LLC tied to BLT Executive Vice President Daniel Rosenthal called Berdan Holdings LLC owns the property. If built, the nearly 82,000-square-foot project would also encompass a neighboring Beloit Avenue address the firm owns as well, according to the filing.

BLT is making 17 of the units “affordable,” which would qualify them for an increase in height, reduced open space, and reduced yard setbacks. The city’s Transit-Oriented Communities program provides those incentives and more to developers building affordable units near transit lines. The program allows for larger bonuses based on a development’s proximity to transit, its number of affordable units, and for what income level those units are set aside.

Renderings on BLT’s website appear to show two different five-story concepts for the location, which could date from before the TOC program came into effect in October and allowed for a taller project.
The new development would be a few blocks from developer Premier League’s 24-unit TOC project at 11272 W. Nebraska Avenue, filed in January.

BLT owns two other properties in the immediate area — one on Barrington Avenue and another on Pontius Avenue, purchased in 2015 and 2016, respectively.


Related Articles

arrow_forward_ios
PPIH President & CEO Naoki Yoshida and TPG Capital Partner Paul Hackwell (Linkedin, Getty)
TPG Capital selling SoCal-based Gelson’s Markets
TPG Capital selling SoCal-based Gelson’s Markets
MDT Properties Marc Tavakoli and 627-631 N. Dillon Street (Google Maps, iStock/Illustration by Alexis Manrodt for The Real Deal)
Shovel-ready site in Silver Lake trades for $3.5M
Shovel-ready site in Silver Lake trades for $3.5M
(iStock)
LA County sued over commercial eviction moratorium
LA County sued over commercial eviction moratorium
The future of San Francisco’s Oceanwide Center is up in the air again (Getty, Foster and Partners)
Contractors pull out as Oceanwide Center sale falls through again
Contractors pull out as Oceanwide Center sale falls through again
Granite CEO Michael Dardick and Industrious CEO Jamie Hodari
Industrious partners with landlords to offer tenants satellite workplaces
Industrious partners with landlords to offer tenants satellite workplaces
Colorado Campus at 2041-2115 Colorado Avenue and Northwestern Mutual CEO John E. Schlifske
Northwestern Mutual picks up Santa Monica office campus for $166M
Northwestern Mutual picks up Santa Monica office campus for $166M
Prop 15 property tax measure draws millions (Credit: iStock)
Prop 15 property tax measure draws millions of dollars from for and against campaigns
Prop 15 property tax measure draws millions of dollars from for and against campaigns
California is allowing barbershops and salons to reopen under new coronavirus mitigation guidelines (Credit: Noam Galai/Getty Images)
California allows barbershops to reopen, but LA holds back
California allows barbershops to reopen, but LA holds back
arrow_forward_ios

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

Loading...