Just north of Sunset Boulevard in Hollywood, Mill Creek Residential Trust has unwrapped its new mixed-use apartment complex at 1546 N. Argyle Avenue
Modera Argyle, under construction for several years at the southeast corner of Argyle and Selma Avenue, consists of a seven-story building that will feature 276 studio, one-, and two-bedroom apartments above a ground-floor grocery store. Parking for 412 vehicles will be located in a subterranean garage.
Project approvals include density bonus incentives to permit a larger building a than would otherwise be allowed under zoning rules. In exchange, 13 of the apartments are required to be set aside as very low-income affordable housing.
AC Martin is designing the Modera Argyle, which features a stucco exterior with cantilevered balconies and mesh screens. Planned amenities include a courtyard swimming pool and an upper-floor terrace deck.
The project is slated for completion later this year, at which point Bristol Farms is slated to open on the ground floor.
The project is the latest in a long series of large apartment buildings to rise from the blocks surrounding Metro's Hollywood/Vine Station, including the 507-unit El Centro Apartments & Bungalows and a 287-unit apartment complex from Camden Property Trust. The site also sits just east of a former CBS radio broadcast facility, which Kilroy Realty has transformed into a mixed-use complex consisting of housing, offices, and retail, and directly north of parking lots serving the Hollywood Palladium, where developer Crescent Heights plans to build a pair of 28-story apartment towers.
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- Modera Argyle (Urbanize LA)