A property on the east side of Downtown Long Beach is slated for redevelopment with micro-unit apartments, according to a new environmental notice.

The property at 832 E. 5th Street, which currently serves as surface parking for a neighboring business, is a corner lot bounded by 5th Street to the north and Alamitos Avenue to the east. Plans call for the new construction of six-story, approximately 40,000-square-foot development featuring 74 apartments atop 12 ground-floor parking stalls. 

Plans call for a fully income-restricted housing development, including nine units reserved for very low-income renters and 65 apartments for earmarked for moderate-income renters.

832 E. 5th StreetGoogle Maps

City records list the owner of the site as Great Broadway Investment, LLC, which is based out of a home in Long Beach, and has principals with addresses in New Jersey and Los Angeles.

The project is one of at least a handful of similar micro-unit apartment buildings in the works for Long Beach, joining a similar development planned not far away at 421 E. 4th Street. Such projects typically have apartments of less than 350 square feet in size.

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