The project, located at 6650 W. Franklin Avenue, is intended as an expansion of The Montecito, a 1930s apartment house which TSA converted into senior housing in the 1980s. The building, which was once home to Ronald Reagan, is listed on the National Register of Historic Places.
The new construction, which replaces a small courtyard and parking lot, will consist of a six-story building featuring 67 studio and one-bedroom apartments above a two-level, 57-car garage.
BSB Designs is the architect behind the project, named Montecito II for its neighbor. The building references the Art Deco original with clean, vertical lines. Architectural plans show that in addition to housing, the project will include a small courtyard atop its podium deck.
The project sits in close proximity to several newly-completed market-rate developments, including a 118-unit apartment complex at Franklin and Highland, as well as a 224-unit project two blocks south.
TSA is also active elsewhere in the neighborhood. Just south of Hollywood Boulevard, the Brentwood-based firm has replaced a city-owned parking lot with the Hollywood Arts Collective, a $120-million project which will feature 150 units of affordable housing.
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