Carmel Partners proposes affordable units for Glendale Unified headquarters

Los Angeles /
May.May 31, 2018 10:06 AM
Carmel Partners CEO Ron Zeff and the Glendale Unified property seen from Wilson Avenue

Carmel Partners has agreed to incorporate affordable housing units into a proposal for a residential redevelopment of the Glendale Unified School District headquarters.

The affordable units could sway Glendale officials, who rejected Carmel’s first residential proposal for the 223 N. Jackson Street site six months ago because of its lack of affordable housing, according to Urbanize.

Under the redevelopment project, Carmel would build a four-story building with 192 units and redevelop two existing buildings on Jackson Street to create 15 more apartments. The breakdown of affordable units isn’t clear. Carmel is seeking density bonuses in exchange for including them.

If the plan is approved, Glendale Unified would vacate its headquarters and hand over the keys to the property to Carmel. In exchange, the San Francisco-based firm would give the school district a building it plans to purchase on E. Colorado Street for the new school headquarters.

Carmel is busy with other projects around Los Angeles. In Mid-City, it’s planning a huge 1,210-unit mixed-use complex called Cumulus. It also has a 600-unit project in the works in the Arts District, and a 700-unit project nearby in Downtown. [Urbanize] – Dennis Lynch 


Related Articles

arrow_forward_ios
CIM’s Shaul Kuba with renderings of the project at 6007 Sunset Blvd in Hollywood (Getty, CIM Group)
CIM sells site of 109-unit resi development in Hollywood
CIM sells site of 109-unit resi development in Hollywood
Councilman Bob Blumenfield with 5300 N. Oakdale Ave (Dean Musgrove, iStock)
Last commercial orange grove in the San Fernando Valley slated for luxury homes
Last commercial orange grove in the San Fernando Valley slated for luxury homes
From left: Stockdale Capital Partners' Steven and Shawn Yari with 656 San Vicente Blvd
Stockdale Capital gets early green light for 140K sf medical tower near Cedars-Sinai
Stockdale Capital gets early green light for 140K sf medical tower near Cedars-Sinai
Darrin Olson of Realm and Northgate Gonzalez CEO Miguel Gonzalez Reynoso with renderings of Magnolia Flats (RealmRE.com, Northgate Market, iStock)
Northgate Gonzalez fights ‘workforce housing’ project
Northgate Gonzalez fights ‘workforce housing’ project
Hacienda Associates' Ernesto Fonseca with 225 West Broadway (Hacienda Associates, LoopNet)
Value of Glendale office building dips to $217 psf
Value of Glendale office building dips to $217 psf
HBC's Richard Baker with  9600 Wilshire Blvd (SFA, Cornell)
Historic Saks Fifth Avenue complex in Beverly Hills eyed for redevelopment
Historic Saks Fifth Avenue complex in Beverly Hills eyed for redevelopment
Clear Capital LLC founding partners (L-R) Daniel Hardy, Eric Sussman, Paul Pellizzon and Greg Worchell with Foothill Ridge apartments, 1334 W. Foothill Blvd., Upland (Clear Capital LLC, Foothill Ridge Apts.)
Clear Capital buys 232-unit apartment complex in Inland Empire
Clear Capital buys 232-unit apartment complex in Inland Empire
Citrus Commons project at 14130 Riverside Drive (Johnson Fain)
Apartments to rise around former Sunkist HQ in Sherman Oaks
Apartments to rise around former Sunkist HQ in Sherman Oaks
arrow_forward_ios

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

Loading...