Just north of Echo Park lake, construction is in the home stretch for a new multifamily residential development from CIM Group.

Located next to the Rolf K. McPherson building at 1910 Sunset Boulevard, which a CIM affiliate acquired in 2022, the project at 195 W. Park Avenue consists of a seven-story building that will feature 36 studio, one-, and two-bedroom apartments and semi-subterranean parking for 18 vehicles.

Project entitlements include Transit Oriented Communities incentives, permitting a larger structure than otherwise allowed by zoning rules. In exchange, CIM will be required to aside four of the new apartments for rent as extremely low-income affordable housing.

1123-1129 N. Glendale Boulevard and 1195 W. Park AvenueGoogle Maps

Abramson Architects is designing the contemporary podium-type building, which will have a rooftop deck, according to plans.

The project site, which will overlook Echo Park lake, is one of a handful of new developments in the works near its neighborhood's namesake park. One of the largest set to sprout nearby which rise upon the site of the Taix French restaurant on Sunset Boulevard to the north.

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