64-unit affordable complex planned for Westlake

Developer seeks incentives through LA’s Transit Oriented Communities program

Los Angeles /
Sep.September 28, 2021 03:00 PM
The site for the complex (Google Maps)
The site for the complex (Google Maps)

A developer has filed plans for a 64-unit affordable development in Westlake, seeking incentives through Los Angeles’ Transit Oriented Communities program.

The project site is located at 1914 West 8th Street, according to the filing with City Planning. Three other addresses are also included in the project filing. A one-story commercial building is now on the site, according to PropertyShark. That building would be demolished to make way for the seven-story complex, the filing shows.

The property owner is listed as 1914 8th Street LLC, registered in California in 2017, according to PropertyShark and state records. The LLC’s agent is Catherine Chang, whose family also operates a security alarm business at one of the addresses listed in the project application. James Chang, the owner and CEO, was not available to comment.

The developer would seek Tier 3 incentives through the city’s TOC program, which is meant to encourage affordable housing construction near public transportation.

The property is located about a quarter-mile from the Westlake/MacArthur Park metro station. Under the Tier 3 designation, a developer can increase a building’s unit count by up to 70 percent if a certain percentage are set aside as affordable housing.

The project proposal is among several multifamily developments that have been slated for Westlake over the last year. Among them are a 55-unit complex planned at 2649-2657 W. San Marino Street; a 110-unit apartment building proposed for 2859-2883 Francis Avenue; and a 100-unit mixed-use building set to rise at 1701-1717 West Sixth Street.






    Related Articles

    arrow_forward_ios
    BH investor goes Hollywood in link with construction vet
    BH investor goes Hollywood in link with construction vet
    BH investor goes Hollywood in link with construction vet
    Rancho Palos Verdes City Council and an aerial of the city (Getty, City of Rancho Palos Verdes)
    Rancho Palos Verdes on state housing mandate: Just say no
    Rancho Palos Verdes on state housing mandate: Just say no
    Waterford eyes “missing middle” in Platinum Triangle
    Waterford eyes “missing middle” in Platinum Triangle
    Waterford eyes “missing middle” in Platinum Triangle
    CIM continues South LA push
    CIM continues South LA push
    CIM continues South LA push
    AHF President Michael Weinstein with the hotel (Getty, Google Maps)
    AIDS Healthcare Foundation buys Barclay Hotel in DTLA
    AIDS Healthcare Foundation buys Barclay Hotel in DTLA
    SDS CEO Deborah La Franchi (SDS, Getty)
    Private equity looks to leverage $150M fund for supportive housing for homeless
    Private equity looks to leverage $150M fund for supportive housing for homeless
    Rendering of the project (City of Santa Fe Springs)
    Richman Group pursuing 139-unit affordable complex in Santa Fe Springs
    Richman Group pursuing 139-unit affordable complex in Santa Fe Springs
    Alhambra rejects Ratkovich’s 775-unit development
    Alhambra rejects Ratkovich’s 775-unit development
    Alhambra rejects Ratkovich’s 775-unit development
    arrow_forward_ios

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

    Loading...