At its meeting later today, the Lake Balboa Neighborhood Council's Land Use Committee is scheduled to discuss plans for a mixed-income housing development proposed just west of Van Nuys Airport.
In late 2019, Weintraub Real Estate Group filed plans with the City of Los Angeles to redevelop a portion of a mobile home park at 7650 Balboa Boulevard. The project, called Lake Balboa Vista, would consist of a seven-story building containing 150 studio, one-, and two-bedroom apartments atop parking for 92 vehicles.
The development, which is contingent on the approval of a zone change and a general plan amendment, would set aside 50 percent of the proposed apartments - 75 in total - as below market-rate housing at the moderate-, very low-, and extremely low-income levels.
Newman Garrison + Partners is designing Lake Balboa Vista, which is depicted as a contemporary podium-type building with five levels of wood-frame construction above a concrete base. Planned amenities include a lounge, a courtyard, and a daycare facility.
A project page from the Newman Garrison website describes the project as consisting of a series of "block forms" with multi-colored facades and cantilevered balconies.
The development will require the approval of both the Los Angeles City Planning Commission and the City Council.
