A blue tower crane stands high above the intersection of Vermont Avenue and Santa Monica Boulevard in East Hollywood, as vertical construction continues for a new mixed-use affordable housing complex from Little Tokyo Service Center (LTSC).
The project, located on a site which wraps around an entrance to the B Line's Vermont/Santa Monica Station, will eventually consist of a six-story apartment complex featuring 187 residential units above ground-floor commercial space. The project is divided into 94 units of permanent supportive housing and 91 units of affordable housing priced for very low-income households, with the remaining two dwellings set aside for on-site managers.
According to an application to the State of California for tax credit financing, the apartments will come in a mix of studio, one-, two-, and three-bedroom floor plans. Monthly rents are expected to range from $591 to $1,474 per month.
Future residents will also have access to supportive services provided by Housing Works.
Koning Eizenberg is designing the Vermont Santa Monica development, which will be accompanied by a refresh of the plaza that surrounds the entrance to the subway station. New features will include a mobility hub and improved transit shelters. Additionally, ground-floor commercial space occupied by community-serving uses such as a health center and a food court will activate the plaza.
Completion is expected in the second quarter of 2024.
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