One year after commencing work in West Adams, Los Angeles-based developer CIM Group is completing the wooden framework of a mixed-use apartment complex just west of La Brea Avenue.
Located at 5201 W. Adams Boulevard, the new project consists of a six-story building which will feature 25 apartments above 1,650 square feet of ground-floor commercial space and parking for 17 vehicles.
CIM entitled the site using Transit Oriented Communities incentives, permitting increased height and density. In exchange, plans call for two of the proposed studio and one-bedroom apartments to be set aside as affordable housing at the extremely low-income level.
Hwangbo Architecture is designing 5201 Adams, which is portrayed in renderings as a contemporary podium-type structure clad in white stucco, and adorned with a mural overlooking Adams Boulevard. According to a project page on the firm's website, plans also call for a rooftop deck and a recreation room.
CIM Group has invested heavily in West Adams in recent years. The company's portfolio includes other nearby projects such as the Alsace hotel and a larger apartment complex now rising at Adams and Mansfield Avenue. Additionally, CIM is building a 74-unit apartment complex with retail one block to the east at the intersection of Adams and Redondo Boulevard.
Other developers have also set their sights on Adams boulevard. The project site sits directly across the street from a 115-unit apartment complex built by 4D Investments & Development.
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- 5201 W Adams Boulevard (Urbanize LA)