The site of a recently-shuttered Grinder restaurant could soon be redeveloped with multifamily housing, according to an application submitted to the City of Los Angeles.

The property, slated for a roughly one-acre property the northeast corner of 28th and Figueroa Streets, calls for razing the Grinder and an adjacent Taco Bell drive-thru restaurant to make way for the construction of a seven-story building featuring 157 apartments and 5,128 square feet of ground-floor retail with semi-subterranean parking.

Plans call for a mix of studio, one, two-, three-, four-, and five-bedroom dwellings, including 18 units of very low-income housing provided in exchange for Transit Oriented Communities development incentives.  Additionally, seven apartments would be voluntarily set aside as deed-restricted workforce housing.

The project, a joint venture between Chicago-based Core Spaces and Amplify Development Co., is intended to cater to the student population at nearby universities - particularly USC.  It is their second project near the school's University Park campus, following a similar 100-unit apartment building now under construction at 38th and Figueroa Streets.

The Culver City office of architecture firm Antunovich & Associates is designing the project, according to a representative of Amplify Development Co.  Renderings depict a contemporary low-rise structure which uses columns, slanted beams, and geometric shapes to provide articulation.

The same project team - consisting of CORE, Amplify, and Antunovich & Associates - is also behind a similar mixed-use project now under construction at the intersection of 38th and Figueroa Streets.

The development site is located on the same block as the West 27th Apartments, a similar mixed-use building completed in 2011.