A short walk east of MacArthur Park in Westlake, a new permanent supportive housing complex from Community Development Partners has broken ground.
The Lake House apartments, which replaced two residential buildings at 437 S. Westlake Avenue, will consist of a five-story edifice featuring 63 studio and one-bedroom apartments priced for households earning 30 percent or less than the area median income.
Architecture Design Collaborative is designing the project, which will also include a landscaped rooftop deck overlooking MacArthur Park and a six-car garage. Renderings depict the building with a U-shaped footprint opening onto a ground-level courtyard on the southern property line.
The project's estimated price tag of $37 million (or roughly $590,000 per unit) is covered by a mix of funding sources, including Measure HHH, Los Angeles County's No Place Like Home program, and $20.1 million in tax-exempt bonds approved earlier this year by the Los Angeles the City Council.
A similar supportive housing development is also in development one block south near the intersection of Westlake Avenue and Wilshire Boulevard.
- The Lake House (Urbanize LA)
Looking for affordable housing? Visit lahousing.lacity.org/aahr and housing.lacounty.gov