Los Angeles-based real estate development firm Orion Capital has broken ground on a mixed-use apartment building in the Adams-Normandie neighborhood.
Crews are now in the midst of foundation work for the project at 1421-1439 W. Adams Boulevard, which will eventually consist of a five-story edifice featuring 46 studio, two-, and three-bedroom apartments above 3,600 square feet of ground-floor retail and a two-level, 70-car subterranean parking garage.
Five of the apartments will be set aside as deed-restricted affordable housing in exchange for development incentives secured by Orion Capital.
Next Architecture is designing the project, which will use upper-level setbacks and insets to create common and private balconies for residents. Plans call for exterior finishes such as plaster, cement, and brick veneer.
Orion Capital is developing several other projects in the surrounding community, including a proposed Marriott hotel at the former site of the Bethune Library and another mixed-use apartment building now under construction on Exposition Boulevard.
- 1421-1439 W. Adams Boulevard (Urbanize LA)
