Proposed Koreatown infill could see 45-unit apartment complex

Would rise on one-time site of single-family home

Los Angeles /
Dec.December 16, 2021 11:00 AM
(Los Angeles City Planning)
(Los Angeles City Planning)

A Larchmont-based company wants to redevelop an infill site in Koreatown with 45 apartments.

Villas at Westmoreland LLC filed plans for the project with the Los Angeles Department of City Planning earlier this month, according to Urbanize.

The seven-story project is envisioned for 430 S. Westmoreland Avenue, between W. 4th and W. 5th streets. The site is a few blocks from the Metro’s Wilshire/Vermont light-rail station.

The lot is currently vacant and was previously home to a single-family home demolished sometime between mid-2016 and early 2017.

The developer wants to streamline the approvals process through via SB 35, a state measure passed in 2017 that requires cities to fast track certain development projects that include affordable housing and meet certain other criteria.

The developer is also requesting a density bonus for more floor area and height than allowed by zoning. In exchange for both SB 35 streamlining and the density bonus, the firm plans to set aside 26 units as deed-restricted affordable housing.

The design is standard fare for infill projects — a podium-style building with an amenity deck and balconies on the six floors above the ground level. The units would be a mix of one- and two-bedroom apartments.

Developers held off on new projects in Koreatown in the immediate aftermath of the pandemic, but the pace of applications has picked up again. The neighborhood was seeing rapid redevelopment before the pandemic.

The first half of this year saw a few new proposals in Koreatown, including Jonathan Harouni’s proposed 88-unit complex on the corner of Normandie Avenue and 1st Street and Schon Tepler Group’s 19-unit co-living proposal on S. Gramercy Drive.

Later in the year, Elk Development filed plans for a 60-unit apartment complex at 728 S. Manhattan Place. San Francisco affordable developer Bridge Housing also filed plans for a 95-unit affordable housing development at 701-710 S. New Hampshire Avenue.

[Urbanize] — Dennis Lynch 





    Related Articles

    arrow_forward_ios
    Harry Sidhu, Mayor of Anaheim (Getty Images)
    Feds probe Anaheim mayor over Angel Stadium sale
    Feds probe Anaheim mayor over Angel Stadium sale
    Legacy Partners' W. Dean Henry with The Verandas (Legacy Partners, The Verandas Apartments)
    Legacy Partners unloads 209-unit apartment complex in West Covina for $92M
    Legacy Partners unloads 209-unit apartment complex in West Covina for $92M
    Anaheim Angels owner Arte Moreno and rendering of new stadium site (SRB Management, Getty Images)
    City cuts new affordable housing deal with Moreno on Angel Stadium sale
    City cuts new affordable housing deal with Moreno on Angel Stadium sale
    Mayor Eric Garcetti and LA County General Hospital at 1200 State Street (Getty)
    LA County looks at redeveloping historic General Hospital
    LA County looks at redeveloping historic General Hospital
    Anaheim mayor Harry Sidhu and theTampico Motel at 120 South State College Street (Getty, LoopNet)
    Anaheim buys blighted motel to create affordable housing
    Anaheim buys blighted motel to create affordable housing
    Molina Wu Network's John Molina and Community Hospital Long Beach at 1720 Termino Avenue (Facebook, City of Longbeach)
    State demands closed Long Beach hospital be offered to affordable housing builders
    State demands closed Long Beach hospital be offered to affordable housing builders
    From left: Harry Sidhu, mayor of Anaheim; Art Moreno, owner, Los Angeles Angels; Rob Bonta, state attorney general (Getty Images, City of Anaheim, iStock)
    Anaheim clears way for stadium sale with $123M for affordable housing
    Anaheim clears way for stadium sale with $123M for affordable housing
    3377 West Olympic Blvd (Google Maps)
    K-Town developer proposes 7-story apartment complex
    K-Town developer proposes 7-story apartment complex
    arrow_forward_ios

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

    Loading...