Co-living developer Six Peak Capital is cooking up plans for its biggest L.A. area apartment complex yet in the Silver Lake neighborhood.
This week, an entity connected to the New York-based firm submitted an application to the Department of City Planning seeking entitlements to redevelop a property located at 2511 W. Sunset Boulevard. Plans call for razing an existing liquor store and attached parking lot to clear the way for a new five-story building featuring 121 studio, one-, and two-bedroom apartments above approximately 3,500 square feet of ground-floor commercial space and a two-level, 80-car subterranean parking garage.
Requested entitlements for the project include Transit Oriented Communities incentives, allowing a larger building than zoning rules would typically permit. In exchange, Six Peak would be required to set aside 13 of the new apartments for rent as extremely low-income affordable housing.
2511 W Sunset BoulevardGoogle Maps
Tighe Architecture is designing 2511 Sunset Boulevard, according to plans submitted with the entitlement application.
Six Peak Capital, in addition to its new Silver Lake development, recently built housing in East Hollywood, and is now under construction on two apartment buildings in Del Rey. The company also has approvals to build a 110-unit development near the border between Westlake and Koreatown.
The proposed project would rise less than a half-miles east of a property at 3004 W. Sunset Boulevard, where Ryda recently broke ground on a similar 74-unit housing complex.
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