A pair of 1930s residential buildings in North Hollywood could be razed for a larger apartment complex, according to an application submitted recently to the L.A. Department of City Planning.
The proposed project, named for its address at 5321 N. Riverton Avenue, would consist of a new five-story building featuring 22 apartments above subterranean parking for 23 vehicles.
Project applicant Ramin Favakehi of Nexus West, LLC is seeking approvals using Transit Oriented Communities incentives to permit larger building than otherwise required by zoning rules. In exchange, two of the new apartments would be set aside for rent as affordable housing at the extremely low-income level.
Architect Edward Carlson is designing the Riverton Avenue project, which is depicted in renderings as a contemporary podium-type building capped by a rooftop amenity deck.
The proposed development would rise to the south of Chandler Boulevard and to the east of Vineland Boulevard, putting it just over a half-mile east of North Hollywood Station. A handful of similar projects are now in the works near the rail and bus hub, serving as a prelude to a mixed-use project which would replace the station's park-and-ride lot with a $1 billion high-rise housing, office, and retail complex.
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- North Hollywood (Urbanize LA)