Mixed-use affordable housing development underway in Hyde Park

In Hyde Park, co-developers GTM Holdings and WORKS have broken ground on a mixed-use development featuring affordable housing and retail space.

The Depot at Hyde Park, which replaced a 10-unit apartment building at 6527-6549 S. Crenshaw Boulevard, will consist of a five-story structure containing 43 apartments above 1,500 square feet of ground-floor commercial space and a 22-car parking garage. Plans also call for on-site supportive services and open space for residents.

The project, according to an October 2020 staff report to the California Tax Credit Allocation Committee, will include a mix of one-, two-, and three-bedroom apartments reserved for households earning between 30 and 50 percent of the Los Angeles area median income. Rents for the housing are to be set between $416 and $1,171 per month.

6527 S Crenshaw BoulevardGoogle Maps

Lahmon Architects is designing the apartment complex, which will provide housing for survivors of domestic violence.

Depot, which will cost an estimated $28.9 million, is funded by sources including Measure HHH, Los Angeles County's No Place Like Home Program, and tax credit equity. The per-unit cost is approximately $663,000.

The project is one of four new supportive housing developments rising near the Crenshaw/LAX Line's stations in Hyde Park, including the West Terrace apartments from A Community of Friends and a modular building now rising at the intersection of Crenshaw and Hyde Park Boulevards.