Elevado Group proposes building 147 apartments in Panorama City

Infill location developer Elevado Group has submitted a proposal to build a 147-unit building in the Panorama City section of San Fernando Valley, according to plans filed Oct. 30 at the Los Angeles City Planning Department.

Elevado Group, headquartered in Encino, proposes to demolish a used car dealership, as well as a pre-school building, both currently located at 6314-6330  North Woodman Avenue. The one-story buildings and the car lot would be replaced with a five-story building and a basement parking garage. The project would be designed by Stockton Architects.

The building will offer five studios, 110 one-bedroom apartments and 32 two-bedroom apartments. About 15 of the units will be set aside as affordable, according to planning documents. The garage would offer 150 automobile spaces, as well as 98 long-term bicycle spaces. 

Amenities for the 109,500-square-foot building include a more than 1,800-square-foot recreation room, an 800-square-foot gym, a more than 5,330-square-foot courtyard and about 4,200 square feet of rear yard space. The development also would offer private balconies and a communal pool.

A phone message to Alan Kleinman, Elevado Group’s founding partner, was not returned.

The proposed building is located a few miles away from a proposed mixed-used development, which would offer 200 apartments, from Shomof Group, according to media reports.  

The Elevado Group project also is located three miles away from a 102-unit affordable housing project under construction by Thomas Safran & Associates. This developer received a $54.3 million grant from the City of Los Angeles to build the project, according to media reports. 

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