The new project at 2972 W. 7th Street, filed last week by an entity affiliated with developer City Century, calls for the construction a mixed-use project consisting of 228 residential units - including affordable housing - above 7,843 square feet of ground-floor commercial uses. Using Tier III TOC incentives, the developer has requested a reduction in the amount of open space and side yards which would normally be required for the project.
Located one block south of Wilshire Boulevard, the roughly 1.2-acre property is currently improved with a parking lot and a vacant market. The site previously received entitlements under a prior applicant - Datum Development, LLC - for the construction of a six-story building featuring 180 apartments, 15,000 square feet of ground-floor commercial space, and basement parking for 204 vehicles. A total of 15 units would be set aside for very-low-income households under this proposal.
Additional details regarding the project have not been announced.
One block east near the intersection of 7th and Hoover Streets, a similar mixed-use building is also approved for construction.
- 2972 W. 7th Street Archive (Urbanize LA)