Just east of the intersection of Sunset Boulevard and Fountain Avenue in Silver Lake, construction is all but complete for a new multifamily residential development from a new development from California Landmark Group (CLG).
The M1 apartments, located at 1201 N. Myra Avenue, replaced an automobile repair shop with a new six story building which will feature 100 above 50 parking stalls.
Project entitlements included Transit Oriented Communities guidelines, allowing a larger building than typically allowed by zoning rules. In exchange, 10 of the new apartments are to be set aside for rent by extremely low-income households for a period of 55 years.
PK Architecture designed the building, which resembles older residential and commercial buildings in Silver Lake with a simple exterior and black metal fire escapes.
According to a landing page on the developer's website, the apartment complex will also include a fitness center, a skydeck, a dipping pool, and a spa. Completion is expected in Fall 2023, although a certificate of occupancy for the building has not been issued.
Besides the Myra street apartments, California Landmark Group is also in construction on new developments near Sony Pictures Studios and Century City, and recently initiated an entitlement application for a 108-unit apartment complex near Sunset Gower Studios in Hollywood and 111 small lot homes in Woodland Hills.
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- 1201 N. Myra Avenue (Urbanize LA)