Los Angeles-based real estate development firm Orion Capital has broken ground on a mixed-use apartment building in the Adams-Normandie neighborhood.

Crews are now in the midst of foundation work for the project at 1421-1439 W. Adams Boulevard, which will eventually consist of a five-story edifice featuring 46 studio, two-, and three-bedroom apartments above 3,600 square feet of ground-floor retail and a two-level, 70-car subterranean parking garage.

Five of the apartments will be set aside as deed-restricted affordable housing in exchange for development incentives secured by Orion Capital.

Next Architecture is designing the project, which will use upper-level setbacks and insets to create common and private balconies for residents.  Plans call for exterior finishes such as plaster, cement, and brick veneer.

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Orion Capital is developing several other projects in the surrounding community, including a proposed Marriott hotel at the former site of the Bethune Library and another mixed-use apartment building now under construction on Exposition Boulevard.