A Vancouver-based developer has gone back to the drawing board with a proposed mixed-use development across the street from Sony Pictures Studios.
The project, slated to replace an auto body repair shop at Washington Boulevard and Motor Avenue in Palms, was envisioned in 2017 by Bastion Development Corp. as a seven-story edifice containing 108 apartments and 3,600 square feet of ground-floor retail space. Plans filed yesterday with the City of Los Angeles indicate that the Canadian real estate investment firm has discarded that earlier plan in favor of a larger proposal consisting of 139 apartments - including 14 units of extremely low-income affordable housing.
The larger proposal is the result of Transit Oriented Communities affordable housing program, which provides more generous incentives than those typically offered via the state density bonus program. The project site - located at 10375 Washington Boulevard - is in a Tier III TOC zone.
Bastion's project, which sits on the outskirts of Downtown Culver City, is among a handful of similar multifamily residential and mixed-use developments slated for the blocks between Venice and Washington Boulevards.
Just west at Overland Avenue, Greystar Real Estate Partners completed work on the 135-unit Cobalt Apartments in late 2018.
A few blocks east, multiple projects from California Landmark Group are currently in the works near the Kirk Douglas Theatre.
With the exception of two projects slated for Koreatown, Bastion has shown a particular affinity for the Culver City area when it comes to its Southern California developments. The company previously completed the Oliver Apartments near the corner of Washington and Inglewood Boulevard, and entitled a larger project across the street which was later developed by CityView.
- 10375 Washington Boulevard (Urbanize LA)