Jamison’s expansion continues with plan for 100-unit resi complex in Sawtelle

The Koreatown developer has been reaching into other areas in recent years

TRD LOS ANGELES /
May.May 10, 2019 10:00 AM
Jamison Properties President Garrett Lee and the development site on Santa Monica Boulevard (Credit: LinkedIn)
Jamison Properties President Garrett Lee and the development site on Santa Monica Boulevard (Credit: LinkedIn)

Jamison has made a name for itself developing projects in Koreatown, but it has also expanded to other parts of the city.

With its latest project Jamison is planning a 100-unit residential complex in Sawtelle.

The multifamily and office developer filed for the five-story construction this week, records show. It would replace a car wash at 11602 Santa Monica Boulevard, a few blocks away from the sprawling Department of Veterans Affairs hospital campus.

Jamison plans to set aside nine units as affordable, and seeks a density bonus and an 11-foot height increase. The five stories of apartments would top a two-and-a-half story garage space.

Garrett Lee, who leads the firm’s development wing, Jamison Properties, filed the plans. The property is owned by a separate group of people who purchased the site for $11 million last July. That group includes members of the Serber family and an entity connected to the Shanfeld Group, a Westside-based property management company.

Jamison is most active in Koreatown, where its founder David Lee first started buying real estate following the 1992 riots. He amassed a huge portfolio over the years and together with his children has been redeveloping or repurposing many of those properties for residential use. His daughter Jaime Lee, runs the company’s leasing arm, Jamison Services.

Jamison is currently working on several development projects, mostly around Koreatown, Westlake, and Downtown. The company spent more than half a million dollars last year lobbying officials at City Hall, putting it among other large firms including CIM Group and Lightstone.

In April, Jamison took over a proposed hotel project near Wilshire Boulevard that never got off the ground.


Related Articles

arrow_forward_ios
Kodo in Koreatown

Just built, just sold: CGI Strategies finds buyer for new Koreatown rental complex

GPI Companies founders Cliff Goldstein and Drew Planting with a rendering of West End (Credit: GPI Companies)

GPI turning Westside Pavilion Macy’s into offices

From left: Gavin Newsom and David Chiu (Credit: Getty Images and iStock)

Will rent control dent the multifamily market? Lenders, investors weigh in

The West L.A. skyline

Westside gives boost to LA’s office market in Q3

Governor Gavin Newsom and Senator Nancy Skinner (Credit: Getty Images and iStock)

Developers rejoice: Newest state law aims to boost housing production

Assemblyman David Chiu and Gov. Gavin Newsom (Credit: Wikipedia and iStock)

California passes landmark rent control law

420 West 9th Street, San Pedro (Credit: Google Maps and iStock)

San Pedro’s apartment project pipeline is filling up

David Nagel

Decron Properties, in multifamily expansion mode, pushes into Warner Center

arrow_forward_ios