The two structures, which were entitled simultaneously, are rising from two sites located at 535 E. Union Street and 54 N. Oakland Avenue, which were previously improved as surface parking at a small commercial building, respectively. A full buildout of the development will include more than 100 apartments, as well as ground-floor commercial space and parking.
According to a 2018 report to the Pasadena Planning Commission, Olivewood North, - located at 535 Union Street, will consist of a trio of three-to-six-story buildings containing of 86 residential units above 166 subterranean parking spaces. Olivewood South, located at 54 Oakland Avenue, will consist of a six-story edifice containing 55 age-restricted senior apartments above parking for 108 vehicles.
Olivewood Village is the latest in a recent series of mixed-use and multifamily residential projects in the Playhouse District, including the Andalucía apartments - another project built and later sold by Mill Creek Development - and a new housing and retail complex now under construction at the intersection of Union Street and El Molino Avenue.
- Pasadena (Urbanize LA)