This week, an entity affiliated with McCourt Partners submitted an application to the L.A. Department of City Planning seeking entitlements for a new apartment complex at 766-788 W. College Street. The hillside property, which would also flank Figueroa Terrace and the 110 freeway, calls for the construction of a seven-story building which would feature 170 studio, one-, and two-bedroom apartments above parking for 85 vehicles on two below-grade levels.
Requested entitlements for the proposed project would include Transit Oriented Communities incentives, allowing a larger, denser apartment complex than would otherwise be permitted under zoning rules. In exchange, 17 of the new apartments would be set aside for rent as deed-restricted affordable housing at the extremely low-income level for a period of 55 years.
WOMO Architects is designing the apartment complex, alongside KFA Architecture, which is portrayed in renderings as a contemporary building clad in painted plaster and metal panels. Plans show on-site amenities including a podium-level pool and a rooftop deck, as well as new landscaping around the perimeter of the site.
According to findings included with the entitlement filing, the project is expected to be built over a roughly 26-month period. However, a precise timeline is not defined.
The proposed project emerges at a time when the McCourt-backed entity Aerial Rapid Transit is pursuing a new gondola system which would connect Dodger Stadium with Union Station via L.A. State Historic Park and Chinatown. That project, now in its environmental review stage, has faced intense opposition from groups that include the California Endowment.
McCourt, a real estate developer, may have sold the Dodgers, but retains ownership of the sprawling parking lots which surround the team's home field. That space has long been considered as a future development site.
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