Plans for a new multifamily residential development near Metro's Hollywood/Western Station have cleared the City Planning Commission.

At its May 8 meeting, the Commission approved plans from ROM Investments to redevelop a site located at 5416-5430 W. Carlton Way. Plans call for the construction of a new eight-story building featuring 131 studio, one-, and two-bedroom apartments above subterranean parking for 148 vehicles. An existing two-story building with eight homes would also be retained, resulting in 139 total apartments on the property.

Aerial view looking southeastSteinberg Hart

Commission approval authorizes density bonus incentives to permit a larger structure than would otherwise be allowed by zoning rules. In exchange, 17 of the new apartments are to be set aside as low - and very low-income affordable housing.

Steinberg Hart is designing contemporary mid-rise development, which would include a central courtyard and a pool deck.

5416 Carlton WayGoogle Maps

According to an information sheet provided to the East Hollywood Neighborhood Council, tenants displaced from the project have a right of return and are to be offered financial assistance. Construction is tentatively expected to begin in late 2025, with completion expected in 2027.

Other recent projects near Hollywood/Western Station include a ground-up nine-story building on Western Avenue and the adaptive reuse of the historic Hollywood Western Building. Both of those projects are fully affordable housing.

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