More apartments and office space slated for transitioning Panorama City

The Van Nuys Boulevard site is near the Icon at Panorama mixed-use project

Los Angeles /
Oct.October 09, 2018 09:00 AM
8802 N. Van Nuys Boulevard (Credit: Pixabay)

An apartment and office project is being planned in Panorama City, not far from a major residential development that will replace the vacant Montgomery Ward department store. Other parts of that San Fernando Valley neighborhood are under consideration for denser development, encouraging more commercial and residential construction.

A developer wants to build a 24-unit apartment with an office component, at 8802 North Van Nuys Boulevard, according to Urbanize.

The developer is Benjamin Cohen, who filed his plan through 8802 Van Nuys LLC. Cohen bought the property — roughly 8,500 square feet — from a family trust in January 2018 for $750,000, then transferred it to the LLC.

The new construction would replace a single-story office building dating from the 1960s, which is now operating as a church. Van Nuys Boulevard is one of the area’s main commercial strips.

The property isn’t far from the nine-acre Montgomery Ward site, where Bill Ruvelson’s Icon company recently received the go-ahead to build a mixed-use complex with 623 residential units. Under that development plan, Icon at Panorama will have 60,000 square feet of commercial space. It has been called a transformative project for the neighborhood.

The City of Los Angeles wants to rezone other parts of Panorama City to allow for denser development as well. [Urbanize] — Dennis Lynch 


Related Articles

arrow_forward_ios
(Illustration by The Real Deal with Getty)
In Pasadena, houses of worship can build affordable housing
In Pasadena, houses of worship can build affordable housing
 Pasadena Councilman Tyron Hampton with 710 stub (City of Pasadena, Getty)
710 stub in Pasadena could take 10 years to develop
710 stub in Pasadena could take 10 years to develop
LVMH's Bernard Arnault, Beverly Hills mayor Lili Bosse and rendering of Cheval Blanc (Lili Bosse, LVHM, Peter Marino Architect, Getty)
Beverly Hills City Council approves Rodeo Drive hotel
Beverly Hills City Council approves Rodeo Drive hotel
Google CEO Sundar Pichai, Hudson Pacific Properties CEO Victor Coleman and One Westside at 10800 Pico Boulevard (Hudson Pacific Properties, Getty)
Google denies any construction delays at One Westside
Google denies any construction delays at One Westside
Irvine Company moves on 1,200-home development
Irvine Company moves on 1,200-home development
Irvine Company moves on 1,200-home development
LA construction (Illustration by The Real Deal with Getty)
Report: DTLA is second fastest growing downtown apartment market
Report: DTLA is second fastest growing downtown apartment market
Oak Road 's David Aghaei with 5600 block of S. Broadway
Affordable housing developer plans 38-unit building in South LA
Affordable housing developer plans 38-unit building in South LA
Google CEO Sundar Pichai, Hudson Pacific Properties CEO Victor Coleman and One Westside at 10800 Pico Boulevard (Getty, Hudson Pacific Properties)
Google faces delays on One Westside buildout
Google faces delays on One Westside buildout
arrow_forward_ios

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

Loading...