Last week, Los Angeles-based real estate development firm RYDA and Local Development commenced work on a new multifamily residential complex in Silver Lake.
LobbyRYDA
The project at 3004 W. Sunset Boulevard, which received a construction permit late last month, will consist of a new five-story building featuring 74 studio, one-, and two-bedroom apartments above parking for 64 vehicles.
Approved plans rely on Transit Oriented Communities incentives to permit increased height, floor area, and density beyond what is normally allowed by zoning rules. In exchange, six apartments would be set aside as deed-restricted affordable housing in exchange for the incentives.
Lahmon Architects is designing 3004 Sunset, which is depicted in renderings as a contemporary podium-type building. Per a news release, plans call for amenities including a community room, a landscaped courtyard, and a rooftop deck.
Living room and kitchenRYDA
"The development is designed to reflect the natural beauty of Silver Lake, with Japanese Sho Sugi Ban style wood featured on the exterior facade and ash wood used in interior spaces throughout the building," reads a narrative included with the news release. "The open-air lobby and elevated courtyard provide a seamless indoor-outdoor connection, while the common areas and units are designed to bring the tranquility of nature inside."
Alpha Construction is the general contractor for the project, according to a representative of RYDA, who also indicated that completion of 3004 Sunset is expected in approximately two years.
RYDA's other upcoming projects include a larger mixed-use apartment complex approved for the opposite side of Sunset Boulevard in 2022, while Local Development's portfolio includes a number of upcoming multifamily residential buildings across the city.
3004 Sunset BoulevardGoogle Maps
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