Six months after breaking ground in central Long Beach, a new mixed-use project featuring affordable housing and commercial space BRIDGE Housing Corp. is starting to take shape.
The project, which is named for its location at the intersection of Anaheim Boulevard and Walnut Avenue, will consist of a five-story building featuring 88 one-, two-, and three-bedroom dwellings, wrapping a three-story, 156-car parking garage at the center of the property. Plans also call for 22,700 square feet of ground-floor commercial space, most of which would be occupied by a medical clinic.
SVA Architects is designing Anaheim and Walnut development, which is depicted in renderings as a contemporary low-rise apartment complex. Plans call for on-site amenities including a rooftop deck, a central courtyard, and recreation rooms.
The estimated budget for the project is $53 million, according to February 2021 application for tax-exempt bonds. Proposed rents from range from $379 to $1,678 per month.
Per a late 2021 news release from general contractor R.D. Olson Construction, the apartments will be reserved for formerly homeless seniors and low-income families earning between 30 and 60 percent of the area median income level.
Completion of Anaheim and Walnut is expected in Summer 2023.
BRIDGE Housing, based in San Francisco, is developing several affordable apartment communities in Los Angeles County, including new buildings at the Jordan Downs complex in Watts and the Vermont-Manchester complex in South Los Angeles.
- 1500 E Anaheim Street (Urbanize LA)