Just days after submitted plans for a mixed-use development in San Pedro, Root Real Estate will try for a second project less than a half-mile north.
The second development, filed yesterday with the City of Los Angeles, would replace a series of single-story commercial buildings at 1309-1331 S. Pacific Avenue. Plans call for a four-story edifice featuring 109 apartments - including 12 very low-income affordable units - above an underground parking garage.
The project, in exchange for providing a requisite amount of affordable housing, has requested density bonus incentives including increases in allowable height and floor area.
Root Real Estate's other project - a joint venture with Ketter Development - would replace a mostly vacant lot at 2111-2139 S. Pacific Avenue with 101 apartments and street-level commercial space.
- 101 Apartments and Retail Planned in San Pedro (Urbanize LA)