Near the intersection of 6th Street and Shatto Place in Koreatown, surface parking is slated to make way for new housing, per an application submitted earlier this month to the Los Angeles Department of City Planning.
The proposed project from Steve Hong of Shatto Properties, LLC, slated for a parcel located at 446 S. Shatto Place, calls for clearing the existing asphalt parking lot to make way for the construction of a new seven-story building featuring 60 studio, one-, and two-bedroom apartments above semi-subterranean parking for 44 vehicles.
Requested entitlements include Transit Oriented Communities incentives to permit a larger structure than would normally allowed by zoning rules. In exchange, 15 of the new apartments would be set aside as deed-restricted affordable housing at the low-income level.
Andmore Partners is designing 446 Shatto, which is showed in a rendering with a corrugated metal exterior on its main street frontage and an angled parapet.
The proposed project, which would rise roughly one block north of Metro's Wilshire/Vermont Station, sits a short walk from the proposed site of the 40-story Terrace Block apartment tower.
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