A few blocks west of the UCLA campus in Westwood, a small multifamily residential building dating to the 1930s has made way for a larger apartment complex.
M&A Real Estate Partners, the Los Angeles-based firm behind the project at 535-539 Glenrock Avenue, secured entitlements last year for the construction of a new six-story building which will feature 18 residential units above 10 parking spaces in a single subterranean level. As of July, construction for the project is now underway.
Approved plans make use of density bonus incentives to permit a larger building than otherwise allowed by zoning rules. In exchange, M&A will be required to set aside three of the new apartments as affordable housing at the very low-income level.
LOHA is designing the project, named "The Hive," which is depicted in renderings with an exterior of cedar slats. The building envelope would gradually step back and twist as it rises, creating space for terrace decks. Plans also call for an amenity space at the rooftop.
M&A Partners, which owns a number of Hive-branded properties which cater to students, is planning a mix of four- and five-bedroom apartments.
The Hive is one of three similar apartment complex geared toward the student market now under construction in the surrounding area, joining one development now wrapping up work on Landfair Avenue and another which is rising on Strathmore Drive.
UCLA is also building its own student housing in the area, with recent plans calling for the construction of up to 545 beds at 565 Gayley Avenue.
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- Westwood (Urbanize LA)