The Elevado Group has moved forward with plans to build a 139-unit apartment complex in North Hollywood.
The Encino-based developer led by Alan Kleinman has won approval from the Los Angeles Planning Commission to build the seven-story apartment building at 5000-5010 North Vineland Avenue and 10950 Hesby Street, Urbanize Los Angeles reported.
It would bulldoze an auto repair shop and U-Haul truck rental yard.
Plans call for 139 studio, one- and two-bedroom apartments above 2,900 square feet of ground-floor shops and restaurants. A partially underground parking garage would serve 126 cars and 107 bicycles.
Elevado received a density bonus to build a building larger than local zoning rules allow in exchange for 19 apartments set aside as affordable for very low-income households.
The white, slate blue and charcoal project, designed by Sawtelle-based Maly Architects, would be covered in painted stucco and wood siding.
A U-shaped complex would have two rooftop decks, and sit atop a square podium with two small courtyards, according to a rendering. Floor-to-ceiling windows would back balconies and front ground-floor shops, as well as two second- and third-story lounges.
The proposed development is a half-mile southeast of Metro’s North Hollywood Station, where Trammell Crow moved forward last month with a plan to build a 2.2 million-square-foot development, with nearly 1,500 homes, offices and retail.
The G (formerly Orange) Line busway terminus will also contain a future rapid transit line to Burbank, Glendale and Pasadena.
Elevado Group, founded by Kleinman in 2015, filed plans last month to replace a used car dealership and pre-school building in Panorama City with a 147-unit apartment complex at 6314-6330 North Woodman Avenue, according to The Real Deal.
The firm is also behind a plan to build 119 apartments on the former site of Debbie Reynolds’ dance studio at 6500 Lankershim Boulevard in North Hollywood, according to Urbanize.
— Dana Bartholomew
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