Fashion entrepreneur sketches 411-unit apartment complex in Chinatown

Local chamber boss got site earlier this year after competitive bidding, also tied Arts District hotel project

Los Angeles /
Oct.October 25, 2021 12:30 PM
Renderings of the project and TRJLA CEO Kevin Chen (Los Angeles City Planning / AC Martin)
Renderings of the project and TRJLA CEO Kevin Chen (Los Angeles City Planning / AC Martin)

UPDATED, October 27, 5:04 p.m. ET: An eight-story apartment complex with 411 units is planned for a parking lot in Chinatown.

Developer TRJLA filed plans with the city of Los Angeles for the apartment complex last week, according to Urbanize. The development site is just under two acres at 717-759 N. Hill Street, north of Downtown L.A.

The firm purchased the development site from PAMC Ltd. for an undisclosed sum in February, reportedly beating out several other interested buyers.

TRJLA’s CEO is Kevin Chen, a fashion entrepreneur-turned-developer who counts the Frankie B. denim brand in his portfolio. Chen is also the manager of Arts District Development, LLC, which is planning a hotel and apartment complex in the Arts District –– and he currently serves as president of the Los Angeles Chinese Chamber of Commerce.

 “We are optimistic about Chinatown’s outlook and excited to contribute towards its revitalization with a bold project for living, shopping, and dining,” Chen said.

The firm also is “evaluating strategic alternatives to develop the project,” according to CFO Joseph Chang. “We look forward to completing a transaction to enable the transformation of the underutilized site into a contemporary mixed use project with affordable housing.”

Architecture firm AC Martin is working on both the Chinatown and Arts District projects.

The firm’s plans call for a 366,000-square-foot building, with 17,000 square feet of ground-floor commercial space. 314 parking spaces would be included in an underground structure.

The 411 units would be a mix of one-, two-, and three-bedroom apartments.

TRJLA wants to utilize the city’s Transit Oriented Communities program to significantly boost the density of the project, which otherwise couldn’t be built there.

The TOC program allows developers to increase density, reduce parking, and take other entitlements in exchange for building affordable units near transit.

TRJLA wants to increase density and floor area, reduce the size of side yards and parking, and plans to set aside 42 units as affordable to qualify for those entitlements.

Renderings show an S-shaped structure with tiered courtyard space and retail space along N. Hill Street. A pool and courtyard area is also seen on the backside of the complex.

The project is one of the larger planned in Chinatown. Atlas Capital’s 725-unit College Station project is the largest currently in development there. A 243-unit live-work complex is planned nearby as well.

[Urbanize] — Dennis Lynch





    Related Articles

    arrow_forward_ios
    603 Mariposa Avenue and Housing Diversity Corporation's Brad Padden (Google Maps, Housing Diversity Corporation)
    Seattle micro-housing developer extends LA push in Koreatown
    Seattle micro-housing developer extends LA push in Koreatown
    Apartment owner charged on “trapped” seniors in Chinatown
    Apartment owner charged on “trapped” seniors in Chinatown
    Apartment owner charged on “trapped” seniors in Chinatown
    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
    CIM continues South LA push
    CIM continues South LA push
    CIM continues South LA push
    Bow West Capital founder Sean Beddoe and renderings of the project (HKS)
    Bow West snags City Planning approval for 200-unit tower project
    Bow West snags City Planning approval for 200-unit tower project
    The site for the complex (Google Maps)
    64-unit affordable complex planned for Westlake
    64-unit affordable complex planned for Westlake
    (Getty)
    LA requiring property owners to list affordable units publicly
    LA requiring property owners to list affordable units publicly
    Tiger West founder Daniel Farasat with the location for the project (Google Maps, Tiger West)
    Tiger West upsizes Hancock Park apartment project
    Tiger West upsizes Hancock Park apartment project
    arrow_forward_ios

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

    Loading...