Kitty corner from Echo Park, construction is underway for a new multifamily residential development from CIM Group.
CIM Group, which purchased the landmark Rolf K. McPherson building at 1910 Sunset Boulevard in 2022, subsequently moved to entitle a portion of that site at 1195 W. Park Avenue for development. Plans approved the next year allow for the construction of a seven-story building overlooking the park. That building would 36 studio, one-, and two-bedroom apartments and semi-subterranean parking for 18 vehicles.
Project entitlements include Transit Oriented Communities incentives, allowing for greater density and floor area than otherwise permitted by zoning rules. In exchange, CIM will be required to aside four of the new apartments for rent as extremely low-income affordable housing.
Abramson Architects is designing the contemporary podium-type building, according to approved plans, which show an exterior of white stucco and corrugated metal panels, as well as a large amenity deck at the building's rooftop.
The project site, which will have a view of Echo Park lake, is one of a handful of new developments in the works near the park. One of the largest set to sprout nearby which rise upon the site of the Taix French restaurant on Sunset Boulevard to the north.
CIM Group, in addition to its new Echo Park development, is behind a handful of similar mixed-use buildings in neighboring Silver Lake.
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- 1915 W. Park View Avenue (Urbanize LA)