A Related Cos. affordable housing project is headed to Montecito Heights

A 1960s public housing complex would be demolished in the process

TRD LOS ANGELES /
Jul.July 29, 2019 04:00 PM
Related CEO Jeff Blau, HACLA CEO Douglas Gouthrie, and a rendering of the project
Related CEO Jeff Blau, HACLA CEO Douglas Gouthrie, and a rendering of the project

A plan to nearly double the amount of affordable units at a public housing complex in Montecito Heights is finally advancing after roughly four years in the pipeline.

The Los Angeles City Housing Authority (HACLA) submitted plans to build 185 affordable units on Florizel Street, according to documents filed with the planning department. Related Cos. is leading the development in conjunction with HACLA, according to previous reports.

The two entities entered into an agreement to revitalize the existing public housing project roughly four years ago. As of October 2018, the 5.3-acre project was undergoing an environmental review.

According to the latest filing, HACLA is requesting approval to demolish the 100-unit Rose Hill Courts to make way for the larger project. As it currently stands, the 1960s-built Rose Hill Courts spans 15 one- and two-story buildings at 4446 Florizel Street.

HACLA is seeking density bonuses in exchange for building low-income housing.

Construction is expected to take part in two phases, Urbanize previously reported. The first part would consist of two four-story apartment buildings, leasing office, parking and other amenities. The second phase would include building a series of two-story townhomes and flats.

The entire project is scheduled to open by 2025.

Representatives for HACLA and Related did not immediately respond to requests for comment.

Related is also working on a much more upscale development in Downtown Los Angeles. Designed by Frank Gehry, the $1 billion mixed-use development, named the Grand, will include more than 400 condos and apartments across a 39-story skyscraper.


Related Articles

arrow_forward_ios
The development site for the planned 207-unit complex (Credit: Google Maps)

Mapleton Properties plans 207-unit complex in Palms

Mapleton Properties plans 207-unit complex in Palms
City Controller Ron Galperin( Credit: Ron Galperin/Wikipedia)

LA controller finds just 228 homeless housing units built with $1.2B bond

LA controller finds just 228 homeless housing units built with $1.2B bond
The coronavirus pandemic could worsen California’s affordable housing crisis

COVID-19 exposes the utter dysfunction plaguing affordable housing development in California

COVID-19 exposes the utter dysfunction plaguing affordable housing development in California
From left: Neil Shekhter and Governor Gavin Newsom (Credit: Kevin Scanlon, Justin Sullivan/Getty Images, and iStock)

Tenant group calls for CA rent strike

Tenant group calls for CA rent strike
Skid Row Housing Trust CEO Lee Raagas and a rendering of the project (Credit: Michael Maltzan Architecture via Urbanize)

Skid Row Housing Trust, Michael Maltzan Architecture plan mass-timber housing tower

Skid Row Housing Trust, Michael Maltzan Architecture plan mass-timber housing tower
Los Angeles City Attorney Mike Feuer (Credit: iStock)

City Attorney Mike Feuer will run for mayor. Here’s what it means for LA real estate

City Attorney Mike Feuer will run for mayor. Here’s what it means for LA real estate
Hobart Garden Apartments at 1344 N Hobart Boulevard (Credit: Google Maps)

Reiner Communities pays $48M for 142-unit East Hollywood complex

Reiner Communities pays $48M for 142-unit East Hollywood complex
Steve Ballmer, Mayor James Butts and the Forum (Credit: Jeff Gross/Getty Images, Frederick M. Brown/Getty Images for WE Day, and Ritapepaj/Wikipedia)

Clippers could sail into Inglewood buoyed by Ballmer’s billions

Clippers could sail into Inglewood buoyed by Ballmer’s billions
arrow_forward_ios

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

Loading...