The proposed project from Elevado Group, slated for a property just south of Victory Boulevard at 6330 N. Woodman Avenue, calls for the construction of a new five-story building featuring 147 studio, one-, and two-bedroom apartments atop basement parking for 150 cars.
Requested entitlements include Transit Oriented Communities incentives which would permit a larger structure than otherwise permitted by zoning rules. In exchange, 15 of the new apartments would be set aside for rent as affordable housing at the extremely low-income level.
The project site sits roughly two blocks north of the G Line busway's Woodman Station, which made the property eligible for TOC incentives.
Stockton Architects is designing the project, named "Woodman 30," in plans, which is depicted in a rendering as a contemporary podium-type building.
Elevado Group, the developer, is also behind a mixed-use project with 119 apartments and commercial space on the former site of Debbie Reynolds' dance studio in North Hollywood.
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