A 1960s commercial building near Cedars-Sinai Medical Center in Beverly Grove could be razed and redeveloped with housing, per an application submitted earlier this year to the Los Angeles Department of City Planning.
Ben Soroudi, a Beverly Hills-based investor behind the project entity Somito Capital, LP, is seeking entitlements for the construction of a new six-story building at 8550 W. 3rd Street. The proposed mixed-use project would include 45 apartments on its upper floors, 4,037 square feet of ground-floor retail space, and parking for 44 vehicles.
Requested entitlements for the project include Transit Oriented Communities incentives to permit a larger building than would typically be allowed by zoning rules for the property. In exchange, five of the new studio, one-, and two-bedroom apartments would be set aside for rent as extremely low-income affordable housing.
DFH Architects is designing 8550 W. 3rd Street, with Gaudet Design Group serving as landscape architect. Renderings of the project depict a contemporary low-rise structure clad in stucco, wood siding, and metal panels. Planned on-site amenities include a larger rooftop amenity deck overlooking 3rd Street to the north.
The proposed project joins a handful of recent mixed-use and multifamily residential developments now in the construction or entitlement pipelines near Cedars-Sinai and the Beverly Center. A similar project is planned a short distance to the east at 8331 W. 3rd Street, while on San Vicente Boulevard, the Abraham Companies is planning to raze a shopping center to build a similar mixed-use project with 126 apartments on its upper floors. Additionally, developer and former (future?) mayoral candidate Rick Caruso retains approvals to build a high-rise apartment building on a property at 333 S. La Cienega Boulevard.
Those projects come about as Cedars-Sinai prepares for some construction of its own: a new patient tower at the intersection of Beverly and San Vicente Boulevards.
Soroudi is also reportedly behind a proposed development which would bring new housing and retail to a site at 8555 Santa Monica Boulevard in West Hollywood.
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- Beverly Grove (Urbanize LA)