GORDON RESIDENTIAL, 21 Units Luxury Rentals

GORDON RESIDENTIAL, 21 Units Luxury Rentals

Newly constructed Wiseman community perfectly located just off Sunset Blvd and Gordon Street, in the heart of Hollywood’s media district, blocks away from Netflix’s LA Headquarters, Gower Studios, and Emerson College. This modern, luxury apartment building is comprised exclusively of 3 bedrooms 3 bath residences with open floor plans, designer fixtures, in-suite washers and dryers, walk-in closets, luxury appliances and more..

It’s the perfect lifestyle choice for those searching for a supremely walkable neighborhood. Experience good living as Wiseman’s friendly and professional leasing, management and maintenance teams cater to your needs.

Arlington Square 48 Units Of Affordable Housing

Arlington Square 48 Units Of Affordable Housing

Arlington Square will be a 48 unit, 100% special needs community targeting individuals who are homeless and living with mental illness. Thirty-five percent of the units are reserved for veterans and 10 units have been set aside for people living with HIV/AIDS.

Designed to meet high environmental standards, Arlington Square is projected to reach LEED Gold certification. There will be high-efficiency appliances, high-efficiency fixtures, xeriscaping, and 48 long-term bicycle lockers for tenants. Amenities include a community room with a computer lab, community kitchen, fitness center, and onsite laundry facilities.

Florence Mills 74 Units Of Affordable Housing

Florence Mills 74 Units Of Affordable Housing

Non-profit developer Hollywood Community Housing Corporation has broken ground on a new affordable apartment complex in Historic South Central.

The project, which would rise at the southwest corner of Central Avenue and Martin Luther King Jr. Boulevard will consist of a four-story building featuring 74 one-, two-, and three-bedroom apartments with 5,000 square feet of ground-floor retail space and parking for 86 vehicles. The units would be restricted to households at the low-, very low-, and extremely low-income levels, with rents set between $507 and $1,171 per month.

KFA Architecture is designing the contemporary apartment complex, which is named for the dancer and singer Florence Mills. Plans call for a commemorative plaza and space for a community-serving health center.

The project is budgeted at $40.2 million.

Hollywood Community Housing is also developing apartments at a neighboring property at 1010 E. Jefferson Boulevard, site of the former Angelus Funeral Home.

Blue Hibiscus 22 Units Affordable Housing

Blue Hibiscus 22 Units Affordable Housing

The West Hollywood Community Housing Corporation has announced the opening of Blue Hibiscus, a new affordable apartment community on Detroit Street for low-income households.

The 22-unit Blue Hibiscus replaces the Detroit Bungalows, an eight-unit, 1920s-era building with 22 units of affordable housing. It was designed by KFA architects and built by Dreyfuss Construction. An announcement of the opening notes that Blue Hibiscus is designated for special needs households and includes five apartments for formerly homeless youth. WHCHC has partnered with the Los Angeles LGBT Center and other social service agencies to provide supportive services and programs. There are on-site resident services coordinators to meet with residents to assess their needs, provide referrals to care and encourage participation in programs that promote healthy and independent living.

Construction of Blue Hibiscus initially was controversial. Opposition to the project, led by Dr. Pamela Love, a resident of the Detroit Bungalows, said that the elderly and disabled residents of the bungalows shouldn’t be forced to move for construction of a new building. Three outspoken opponents of the project, Cathy Blaivas, Stephanie Harker and Michael Wojtkielewicz, eventually supported it because WHCHC guaranteed that the Detroit Bungalow residents could become residents of Blue Hibiscus.

In its announcement, WHCHC said “Every apartment is designed to be functional and practical for people both with and without mobility impairments. The building is expecting LEED for Homes Platinum certification. Each apartment contains energy-efficient appliances, an eat-in kitchen, and a private balcony. Blue Hibiscus features a spacious roof deck, a container garden area, a fully furnished community room with kitchenette, a fitness room, a laundry room, two resident services offices, and a resident manager’s office. “

“Blue Hibiscus has been a major blessing for me. I struggled when I was living on the streets and feared that I had no chance of finding my way,” said new resident Darryl Greene. “Now I am at ease. I don’t have to worry anymore. I know that WHCHC has provided me with a permanent home and supportive services to help give me the opportunity to live and be happy again. For that, I am truly grateful!”

“This is the reason we do what we do,” said Jesse Slansky, WHCHC president and CEO. “A home is the foundation for someone’s life. We are inspired by the stories of our new residents and are thrilled to be able to provide them with the stability of a beautiful environment where they will be able to truly age-in-place.”

Blue Hibiscus funders include the City of West Hollywood, the County of Los Angeles, the California Department of Housing and Community Development, the California Tax Credit Allocation Committee and Union Bank.

West Hollywood Community Housing Corporation (WHCHC) is a non-profit community housing development organization. WHCHC currently houses over 800 low-income residents in 18 affordable apartment communities, 15 in the City of West Hollywood, one in the City of Glendale and two in Los Angeles. WHCHC has a development pipeline of five projects in pre-development and construction.

Torrance West Carson 58 Townhomes PACIFIC GATEWAY

Torrance West Carson 58 Townhomes PACIFIC GATEWAY

The 3.13-acre project site, located at the intersection of 223rd Street and Normandie Avenue, is currently improved with a handful of single-family dwellings and a used car sales lot. Torrance-based Maupin Development, Inc. hopes to clear the site to make way for the construction of 58 attached townhomes in seven buildings.

Withee Malcolm Architects is designing the project, which is being called Pacific Gateway. Plans call for a mix of two- and three-bedroom floor plans in buildings ranging between three and four stories in height.

Construction of the proposed townhomes will require the approval of a general plan amendment and conditional use permit by the Board of Supervisors. A staff report recommends that the project receive approval.

CORONEL 54 Units Affordable Housing

CORONEL 54 Units Affordable Housing

Construction is in full swing for new affordable housing development in East Hollywood, according to a project update from KFA Architecture.

The Coronel Apartments, which has two street frontages at 1601 N. Hobart Boulevard and 1600 N. Serrano Avenue, consists of a four-story building that will over 54 one-, two- and three-bedroom apartments, priced for households making between 30 and 60 percent of the area median income.

Developer Hollywood Community Housing Corporation elected to retain an existing 1920s single-family residence on the project site, which will be integrated into its Serrano Street frontage. The pueblo-style building will be repurposed with two residential units.

The ground-up portion of the development is portrayed as a contemporary mid-rise structure, featuring balconies and a common outdoor deck.

Rents at the Coronel are to be set between $488 and $1,354 per month, according to the State Treasurer’s Office.

HCHC and KFA are pursuing LEED Gold Certification for the project, which is located within walking distance of the Red Line’s Hollywood/Western Station. Completion is anticipated in January 2019.

LA1466, 44 Units Luxury Rentals

LA1466, 44 Units Luxury Rentals

With its debut in 2018, Vues on Tamarind’s pedestrian- and pet-friendly lifestyle taps into the energy, creativity and local character of Hollywood. Offering modern contemporary arts design, luxury one- to three-bedroom flats with smart features, sweeping views of the iconic Hollywood Sign and Griffith Observatory, inspired amenities like a corner rooftop deck, and easy access to the city’s legendary offerings.

THE DREAM AT TAMARIND NORTH, 21 Units Luxury Rentals

THE DREAM AT TAMARIND NORTH, 21 Units Luxury Rentals

Strategic Legacy Investment Group, Inc. (SLIG), a Los Angeles-based private placement investment firm primarily focused on real estate development, announces that it has commenced demolition of existing properties for the construction of a new multifamily development called The Reality @ Tamarind North. SLIG is celebrating the occasion with a groundbreaking ceremony on the property on Sunday, March 25th from 2:30 PM – 5:00 PM.

Located at 1432 & 1436 Tamarind Avenue, just north of Fountain Avenue, the site for the new project is the result of a two-lot assemblage that measures 13,000 square feet. Prior to the demolition, a duplex and a triplex structure occupied the site.

The Reality @ Tamarind North will consist of 21 two-bedroom, two-bath units, which will be available for lease as of June 2019. SLIG’s subsidiary, Strategic Legacy Management Corp, will be handling the marketing and leasing. Architect Babak Azimi designed the new complex, which will be built by Burrell Construction, led by George Robles, along with senior project manager, Emanuel Sabet. The project’s amenities include smart home technology, a media room, secured subterranean parking, solar rooftop panels, bike stations, indoor/outdoor rooftop lounge, ground-level pool, and lounge area, BBQ area and electric car charging stations. In addition, residents will get private access to all amenities located at the future “sister” multifamily development, called The Reality @ Tamarind South, which will contain 32 units.

With a Walk Score of 83, the property is centrally located within blocks of all that Hollywood has to offer, including The Dream Hotel, ArcLight Theatre, W Hotel, Emerson College, Netflix Corp Headquarters, Sunset Bronson Studios, and numerous amenities, designer stores, restaurants, and Hollywood’s famous nightclubs. In addition, this project is only two blocks away from two Metro Redline stops.

SLIG is an active investor and developer in the Hollywood market. The Reality @ Tamarind South is part of a six-property multifamily portfolio with an estimated total value of $72 Million. Four of these are currently being developed by SLIG within a mile of this project. The total SLIG portfolio is now valued at an estimated $270 Million.

Commenting about developing The Reality @ Tamarind North, Abraham Mehrian, President and Chairman of SLIG, said, “In this housing crisis, it is gratifying to know that we have removed a duplex and triplex with substandard units and are replacing them with 21 units in a new complex, thereby improving the quality of life deserved by the residents of Hollywood.”

Added Emanuel Sabet, Senior Project Manager of SLIG, “To me, overseeing four simultaneous multifamily projects in Hollywood is not only a great honor but also a great responsibility. With many new developments in Hollywood and particularly on Tamarind Street, we felt it was important to deliver a product that was a bit more elegant and well-designed, with the latest in technology and amenities.”

ABOUT STRATEGIC LEGACY INVESTMENT GROUP, INC.

Based in Downtown Los Angeles, SLIG brings together experts from diverse investment fields to help their distinguished investors and partners achieve their unique financial objectives through strategic investments. SLIG combines traditional values with great passion, leadership, integrity and a critical vision to reach its primary goal of maximizing the profits of each innovative investment project.

SLIG’s real estate operations include the development of four multifamily projects in Hollywood, one in Ladera Heights, and three Seniors Housing communities in San Diego’s prominent Vista, Encinitas and Carmel Valley neighborhoods. SLIG also owns its corporate headquarters property, known as the Downtown Executive Multiplex, a four story mixed-use office/retail building located in the heart of the world famous Fashion District in Downtown Los Angeles.

In September 2015, the SLIG Charitable Foundation was established to give back to the communities where it develops properties. It is a 501(c)(3) non-profit organization, compassionately committed to giving back to the community at large by promoting social welfare and supporting other non-profit organizations, with an emphasis on enriching the health, education, and overall well being of all people. With that said, The SLIG Charitable foundation donated all proceeds raised from the groundbreaking ceremony of The Reality @ Tamarind South to the Le Conte Middle School, located a block from this development project and will do so again with the upcoming groundbreaking of the Reality @ Tamarind North.

Village Walk Market Rate 29 Townhomes In Downey

Village Walk Market Rate 29 Townhomes In Downey

DOWNEY — Plans are progressing to develop a housing project at the intersection of 3rd Street and La Reina Avenue, adding more housing to Downey’s downtown district.

Unlike The View, an affordable housing complex that opened on 2nd Street earlier this year, this collection of townhomes would be sold at market rates, officials said.

The developer is the Olson Company, and it has reached a deal to purchase a half-acre public parking lot at 8132-34 3rd Street for $700,000. City Council members will vote on the transaction Tuesday night.

The Olson Company is already in escrow for property located at the southwest corner of La Reina and 3rd Street. The plan is to combine the two properties and build for-sale, market-rate housing.

Neither site is large enough to be developed individually, officials said.

In a staff report, Downey officials praised the Olson Company for being a “recognized leader in creating attainable, thoughtfully designed new homes priced within reach of California homebuyers.”

Olson Company is the developer behind projects such as SoCo Walk in Fullerton, Artist Village in Santa Ana and the Promenade Walk in Long Beach.