A proposal from developer Jade Enterprises which would bring housing and retail to a currently vacant site in Beverly Grove has been approved by the Los Angeles City Planning Commission.
The project at 8331 W. 3rd Street, named Third + Flores for its cross streets, calls for the construction of an eight-story, 77-unit apartment complex with approximately 11,000 square feet of ground-floor commercial space and podium parking for 38 vehicles.
The City Planning Commission weighed in on requests for density bonus incentives to permit a larger building than would typically be allowed by zoning rules. In exchange, eight of the new studio, one-, two-, and three-bedroom apartments would be set aside for rent as very low-income affordable housing.
Next Architecture is Third + Flores, which is shown in a rendering as a contemporary podium-type building clad in wood, metal panels, and stucco. On-site amenities would include a podium courtyard, a fitness room, a recreation room, and a sky deck.
The proposed project would rise four blocks east of the Beverly Center, and in close proximity to a number of other mixed-use and multifamily residential developments now in the construction or entitlement pipelines.
Jade Enterprises, in addition to its new Beverly Grove project, is also developing mixed-use residential buildings in Hollywood and Downtown Los Angeles.
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- Third + Flores (Urbanize LA)