A collection of 1940s residential buildings near MacArthur Park is slated for development with an affordable housing complex, according to plans filed yesterday with the City of Los Angeles.
The project, which would encompass six parcels at 714-760 S. Grand View Street, calls for the demolition of 36 rent-stabilized units following the construction of a 100-unit, 100 percent affordable project. The case filing is being made with through the Transit Oriented Communities guidelines.
A marketing page from the website LoopNet advertised the site's development potential as 85 units for a by-right project, or 143 units with density bonus incentives.
City records link the project to Abode Communities.
The proposed development is one of a handful of affordable developments planned near MacArthur Park, joining a LOHA-designed project that would rise behind the Westlake Theater.
A six-story market rate development featuring 144 residential units is also planned one block west at 8th and Park View Streets.
- Westlake/MacArthur Park Archive (Urbanize LA)