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

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

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
Sola Impact's Martin Muoto and 11001 Vermont (LinkedIn, The Architects Collective)
Sola Impact plans another 80-unit Opportunity Zone project
Sola Impact plans another 80-unit Opportunity Zone project
The Oakland Coliseum redevelopment plan (MLB)
California public land now battleground in fight over affordable housing
California public land now battleground in fight over affordable housing
(Getty)
LA requiring property owners to list affordable units publicly
LA requiring property owners to list affordable units publicly
The Altana and Renaissance; Two buildings that the CSCD were involved with in the past year (Waterford, The Renaissance)
LA explores joining the state’s luxury-to-middle-income housing program
LA explores joining the state’s luxury-to-middle-income housing program
Standard Communities Co-Founders Jeffrey Jaeger and Scott Alter with Faring CEO Jason Illoulian (Standard, Faring, Getty)
Standard, Faring announce $2B middle-income housing goal
Standard, Faring announce $2B middle-income housing goal
Let’s make a deal: SF’s small landlords confront lost rent and vacancies
Let’s make a deal: SF’s small landlords confront lost rent and vacancies
Let’s make a deal: SF’s small landlords confront lost rent and vacancies
Senate Majority Leader Toni Atkins (Getty, iStock)
Affordable housing bills stall over union labor requirements
Affordable housing bills stall over union labor requirements
Standard Communities Co-Founders Scott Alter and Jeffrey Jaeger with the Union South Bay complex (Standard Communities)
Standard Communities buys 350-unit complex in Carson
Standard Communities buys 350-unit complex in Carson
arrow_forward_ios

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

Loading...