The Hollywood Arts Collective, which a $120-million project which replaced a city-owned parking lot at 1633 N. Wilcox Avenue, consists of a seven-story building that will feature 151 units of affordable housing reserved for artists. Plans also call for a performing arts venue, arts galleries, rehearsal studios, and new office space that will serve as the western region headquarters for The Actors Fund.
Designed by Withee Malcolm Architects, the apartment building will offer a mix of studio, one-, two-, and three-bedroom floor plans, all of which will be restricted to households earning at or below 50, 60, and 80 percent of the Los Angeles area median income level.
Per an application to the State of California for bond funding, rents at the building are expected to range from $518 to $2,110 per month.
Another component of the project - the HGA-designed Arts Building - will include the galleries, rehearsal studios, and an 86-seat theater named for philanthropist Glorya Kaufman.
Completion of the mixed-use project is expected in 2024.
- Hollywood Arts Collective (Urbanize LA)