Relevant Group plans 331-unit apartment in Downtown LA

Gensler-designed property would consist of prefab construction

Los Angeles /
Apr.April 19, 2021 08:50 AM
Relevant Group’s Richard Heyman and Grant King with a rendering of the project (Gensler via Urbanize)
Relevant Group’s Richard Heyman and Grant King with a rendering of the project (Gensler via Urbanize)

Relevant Group has filed plans for a 331-unit apartment building in Downtown Los Angeles, the firm’s first new project in over a year. The development will include prefab construction.

The 15-story property would rise on what is now a parking lot at 121 W. 3rd Street, according to Urbanize.

Relevant’s U-shaped building would include a courtyard area in the center, according to the report. Plans include 6,350 square feet of ground floor retail and 37 parking spaces in one underground level. Gensler is designing the project.

The units would be a mix of one- and two-bedroom prefabricated units built off-site, then assembled at the property, Urbanize reported. Relevant would set aside 37 units as affordable, in exchange for entitlements from the city to boost the project size and reduce required parking.

The apartment building is Relevant Group’s first new project since proposing an 87-unit affordable housing complex in South L.A. in late 2019.

The firm has focused its development work on hotels in Hollywood, but it has two other projects near Downtown. The firm is redeveloping and expanding South Park’s Morrison Hotel, replacing single-room occupancy units there. The firm will also build a 150-unit affordable complex in Skid Row.

[Urbanize] — Dennis Lynch 


Related Articles

arrow_forward_ios
Rendering of 121 W. 3rd St. (Gensler)
Relevant Group eyes 331-unit apartment project in DTLA
Relevant Group eyes 331-unit apartment project in DTLA
(iStock)
State to put $2B toward inner-city residential development
State to put $2B toward inner-city residential development
Dip in signed contracts reflects LA’s ongoing inventory squeeze
Dip in signed contracts reflects LA’s inventory squeeze
Dip in signed contracts reflects LA’s inventory squeeze
LA uptick in signed contracts points to post-pandemic settling
Signed contracts uptick points to post-pandemic settling
Signed contracts uptick points to post-pandemic settling
Rendering of the project (Los Angeles City Planning / Gensler)
Relevant Group re-envisions residential tower on slim slice of DTLA
Relevant Group re-envisions residential tower on slim slice of DTLA
How hot was it? Plunge puts pandemic peak in perspective
How hot was it? Plunge puts pandemic peak in perspective
How hot was it? Plunge puts pandemic peak in perspective
California has 63 of 100 most expensive zip codes. (iStock, AboutZipCode)
California claims lion’s share of 100 priciest zips
California claims lion’s share of 100 priciest zips
(Getty)
Report puts hot LA residential market on plateau
Report puts hot LA residential market on plateau
arrow_forward_ios

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

Loading...