The project, which replaced a surface parking lot that spans between 8th and 9th Streets, will include 91 residential units reserved for households earning between 30 and 80 percent of the area median income level at completion. Besides housing, plans call for a new clinic at the ground-floor, which would be operated by Harbor Community Health Centers and provide primary care, behavioral health, and pharmacy services.
RRM Design Group is designing the building, named 456 West for its address, closely resembles a conceptual rendering depicting the finished product as a contemporary six-story building. Plans call for a mix of studio, one-, two-, and three-bedroom apartments, with access to amenities such as a computer lab, a gym, play areas, a picnic terrace, and a community lawn.
According to a 2020 staff report to the California Tax Credit Allocation Committee, 456 West was estimated to cost $53.8 million. Project costs were to be covered by a $29-million loan from Bank of America, over $10.8 million in tax credit equity, a land lease from the City of Los Angeles, among other sources.
Completion of 456 West is expected this year.
456 West is the third joint venture between Linc Housing and National CORE, which currently have more than 1,200 residential units in construction between them. The two firms completed work last year on a 101-unit complex next to the Crenshaw/LAX Line in Inglewood.
Follow us on social media:
- 456 W 9th Street (Urbanize LA)