A series of small residential buildings completed in the 1920s and 1950s could be razed and redevelopment with a larger apartment complex, according to a notice issued by the City of Burbank.
The proposed project, which would replace two single-family homes and two accessory structures at 529-537 E. Palm Avenue, is imagined as a new four-story edifice featuring 24 one-, two-, and three-bedroom apartments ranging from 738 to 1,211 square feet in size. Plans also call for 38 parking stalls in a subterranean garage.
City records indicate that the project is being entitled using density bonus incentives to permit a larger structure than otherwise allowed by zoning rules. In exchange, eight of the proposed apartments would be set aside as affordable housing at the very low-income level.
Architectural plans indicate that BOLADarck is designing the project, which is dubbed the Palm Townhomes. Renderings depict a building clad in painted stucco, with a decorative screen ornamenting the Palm Avenue side of the site.
City records list the owner of the property at Palm Townhomes, LLC, an entity linked to Burbank-based Gerro Properties.
The project site is located just northeast of the Burbank Downtown Transit Oriented Development Specific Plan area, a roughly 1,000-acre district where city officials have pushed to concentrate future growth. Several projects are already in the works for the area, including the massive 573-unit apartment complex now rising at 777 N. Front Street and the First Street Village.
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