A proposal from Miami-based developer Crescent Heights to build a high-rise apartment complex near Bullocks Wilshire in Koreatown has avoided an obstacle.
A letter dated July 25 from the Planning Department indicates that the Planning Commission failed to act on an appeal targeting the project at 3100 Wilshire Boulevard, meaning that entitlements approved in January 2024 by the Director of Planning will stand. Creed LA, a coalition of building trades unions, had sought to block the granting of a categorical exemption from the California Environmental Quality Act to the project.
The approved project calls for the construction of a new 34-story tower which would feature 297 apartments above a 410-car garage. Crescent Heights has also proposed to maintain portions of an existing 1930s commercial building, which would be used as approximately 7,100 square feet of retail and restaurant space, as well as amenities, a leasing office, and a lobby.
City approvals allowed the use of Transit Oriented Communities incentives to permit greater density than would otherwise be permitted on the property. In exchange, 33 of the proposed studio, one-, two-, and three-bedroom apartments would be set aside for rent as affordable housing at the extremely low-income level.
Hartshorne Plunkard Architecture, best known for their work in Chicago, is designing the approximately 393-foot-tall building.
Crescent Heights, which started off developing smaller-scale projects in Los Angeles more than 30 years ago, now boasts a portfolio of multiple existing and future high-rise buildings across the city. That includes the Ten Thousand apartment tower in Century City, two high-rise buildings planned next to the Hollywood Palladium and a proposed 70-story apartment tower in Downtown.
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- 3100 Wilshire Boulevard (Urbanize LA)