Across the street from Metro's Vermont/Santa Monica Station in East Hollywood, rebar pillars are now rising at the site of a new mixed-use apartment complex from Los Angeles-based Canfield Development.
The project, now rising at 4750 Santa Monica Boulevard, will eventually consist of an eight-story building featuring 85 studio, one-, two- and four-bedroom apartments above 1,137 square feet of ground-floor retail space and 72 basement parking stalls.
Canfield secured approvals for the project in 2021 using Transit Oriented Communities incentives to permit a taller, denser apartment building than normally allowed by zoning rules. In exchange, 10 of the new apartments are to be set aside for rent as extremely low-income affordable housing for a period of 55 years.
HBA is designing the 4750 Santa Monica, which is depicted depicted in a rendering as a contemporary podium-type building with an exterior of metal panels and painted cement plaster. In addition to housing, the complex would feature a central courtyard and a rooftop terrace deck.
A landing page on the Canfield website, which names the project New Hampshire for its north-south cross-street, projects a completion date in 2024.
The project site sits directly across the street from a site controlled by Metro and Little Tokyo Service Center, where a six-story, 187-unit affordable housing development is now under construction, and a short walk from another mixed-income development from Jamison Services now rising at 4632 W. Santa Monica Boulevard.
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- 4750 Santa Monica Boulevard (Urbanize LA)