Already sandwiched between newer buildings, an early 20th century home in Koreatown is slated to make way for Executive Directive 1 affordable housing, per an application to the City of Los Angeles recently unearthed with ATC.
The proposed project from Terra Capital, proposed for a site at 837 S. Kingsley Drive, calls for the construction of a seven-story building featuring 69 studio and one-bedroom apartments without parking.
Outside of a market-rate manager's unit, the apartments would be reserved for rent by low- and moderate-income residents, making the project eligible for density bonus incentives to permit a larger building than otherwise allowed by zoning rules.
Kevin Tsai Architecture is designing the contemporary podium- type building, which is one of several ED1 projects the firm now has in the works with Shiao.
The development site sits directly south of the Kara Apartments, a 114-unit mixed-income development recently completed by Jamison Services. A number of similar projects have recently been developed along the 8th Street corridor to the north.
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- Koreatown (Urbanize LA)
Looking for affordable housing? Visit lahousing.lacity.org/aahr and housing.lacounty.gov