Haroni doubles down in South LA with a 64-unit project, its second of the week
Together with a project filed on Florence Avenue, Haroni is planning nearly 200 units in the area
A day after filing a 128-unit filing on Florence Avenue in South Los Angeles, Haroni Investments LLC is making a move around the corner on Normandie Avenue.
The Fashion District-based firm filed for a 64-unit project at 6550 S. Normandie Avenue on Wednesday. The company wants to boost density, floor-area-ratio, and requests other incentives through the Transit Oriented Communities program by making six units affordable. Without a bonus, Haroni could only build 49 units by-right there.
Haroni paid $1.5 million for the .64-acre site in March. It’s currently home to a shuttered daycare facility and a parking lot.
The project is the third that Haroni has in development in South L.A., including the Florence Avenue project, where Haroni is also requesting density bonuses through the TOC program. Haroni has cleared a site on Crenshaw Boulevard for a five-story, 73-unit multifamily project it’s planned since early last year.
Developers have filed for more than 1,000 affordable units around the city through the program since it came into effect last fall. The program provides incentives for projects with affordable units built near transit.
South L.A. has seen a handful of such projects, including a 49-unit completely affordable supportive housing complex on S. Western Avenue and a 110-unit project on S. Crenshaw Boulevard.