Amoroso Cos. upsizes latest multifamily project, this one in Carthay

The firm, which has 3 other resi developments in works, filed plans for 114 units through city’s Transit Oriented Communities program

Los Angeles /
Feb.February 08, 2019 10:00 AM
A rendering of the 90-unit project originally planned in Carthay

Amoroso Companies is bulking up a planned multifamily project in Carthay.

The Agoura Hills-based firm is now looking to build a 114-unit apartment building at 1056 S. La Cienaga Boulevard, which would be 24 more than previously requested.

The company is seeking the additional units to build on the 35,000-square-foot property by take advantage of the city’s the Transit Oriented Communities program.

The TOC program provides density bonuses and other incentives for market-rate residential projects that include affordable housing units near transit. Amoroso would set aside 12 units for “extremely low income” renters at the Carthay development, up from the eight units it proposed as affordable in the original 2017 project filing.

Amoroso has been in L.A. over the past year, with three residential projects of around 100 units all in the works.

In December, it proposed a 102-unit development in West L.A., and is also building a 100-unit complex about a half-mile from that project.

In May, the company filed for a 123-unit apartment building on West Pico Boulevard in Mid-City.

The upsized version of the Carthay project would still be a seven-story development. While the original plan called for 10,000 square feet of open space as part of the complex, according to Urbanize, the latest filing does not specify whether that has changed. Amoroso does not appear to be requesting a reduction in required open space, which is one incentive available through the TOC program.


Related Articles

arrow_forward_ios
A rendering of the planned project at 1591 East Vernon Avenue in the South L.A. neighborhood of Central Alameda (Los Angeles City Planning/Photo Illustration by Steven Dilakian for The Real Deal)
How it’s going in South LA: developer eyes 23 units in place of duplex
How it’s going in South LA: developer eyes 23 units in place of duplex
Khaled Al Jarrah Al Sabah (iStock, KUNA/CC0 via Wikimedia Commons)
You can see Kuwaiti embezzlement case from Mountain of Beverly Hills
You can see Kuwaiti embezzlement case from Mountain of Beverly Hills
Frank Gehry and the Ocean Avenue Project (Getty, Ocean Avenue Project, iStock)
Frank Gehry’s long-awaited Santa Monica project takes big step forward
Frank Gehry’s long-awaited Santa Monica project takes big step forward
LuMar's Babak Nehoray with 10756 W Wilkins Ave (Babak Nehoray, Avvo, Labyrinth)
Developers plan five-story apartment building in place of single-family home in Westwood
Developers plan five-story apartment building in place of single-family home in Westwood
Pasadena mayor Victor Gordo and attorney general Rob Bonta (iStock, Rob Bonta, City of Pasadena, Illustration by Kevin Cifuentes for The Real Deal)
Pasadena withstands AG’s slings and arrows on SB 9
Pasadena withstands AG’s slings and arrows on SB 9
 1933 South Broadway (Loopnet, iStock)
Ara Tavitian scores $150M refi on The Reef in DTLA
Ara Tavitian scores $150M refi on The Reef in DTLA
East End Capital's Jonathon Yormak and David Peretz and the southeastern corner of South Alameda Street and 6th Street (East End, Google Maps)
East End Capital plans second studio complex in Arts District
East End Capital plans second studio complex in Arts District
Dollinger Properties' Dave Dollinger and Plaza at Golden Valley mall (Crexi, Getty Images)
$54M for Santa Clarita retail center
$54M for Santa Clarita retail center
arrow_forward_ios

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

Loading...