4Site Real Estate moves ahead with latest mixed-use complex in Lincoln Heights

TRD LOS ANGELES /
Jul.July 09, 2019 09:00 AM
4Site Real Estate Chief Principal Todd Wexman and the Lincoln Heights site
4Site Real Estate Chief Principal Todd Wexman and the Lincoln Heights site

4Site Real Estate’s residential and hotel complex in Lincoln Heights is moving ahead more than eight months after it was proposed.

The Westlake-based developer’s project, which would have 100 residential units, a 100-key hotel, and 5,000 square feet of ground-floor commercial space, will go before the East Los Angeles Area Planning Commission Wednesday, according to Urbanize. The six-story complex would rise at 169 N. Avenue 21.

4Site filed plans for the project in October, which if approved would replace 12 existing buildings on a series of lots.

The commission will refer the project to the Department of City Planning.

4Site Real Estate is requesting an exemption from the Cornfield-Arroyo Specific Plan, which is meant to encourage development in the area. The developer wants to forgo a separate environmental study in lieu of an environmental impact report. 4Site also wants approvals related to average floor area across the project site.

The proposal is around the corner from Lincoln Property Company’s mixed-use marketplace project at the site of the former Lincoln Heights Jail.

Led by CEO Todd Wexman, 4Site Real Estate mostly works in Silver Lake, Echo Park, and Westlake. It’s currently developing a 54-unit project and a 45-unit project in Westlake. [Urbanize]Dennis Lynch 


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