Located at 3577 S. Overland Avenue, the project spans a block-long site between Charnock Road to the south and Tabor Street to the north. The apartment complex consists of a seven-story building which will feature 119 residential units above 2,000 square feet of ground-floor retail space and semi-subterranean parking for 126 vehicles.
Project entitlements include Transit Oriented Communities incentives, which permitted Helio to build a larger structure than allowed by zoning rules. In exchange, Helio will be required to set aside 11 of new studio, one-, and two-bedroom dwellings as affordable housing.
Arya is designed Reed Architectural Group, which features an exterior of stucco and metal siding.
Helio, formerly known as Oakmont Capital, is developing mixed-use projects at multiple sites along Overland Avenue in Palms. The company also has competition - a similar project called The Jagger recently wrapped up construction directly across Overland, and another called The Roy was completed on an adjacent site in 2018.
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- 3565-3585 S. Overland Avenue (Urbanize LA)