Just three months after our last update, construction has topped out at the Nexen apartment complex in Koreatown.
The project - a joint venture between Jamison Services, Inc. and City Century - is now rising on a 1.2-acre property at 2938-2972 W. 7th Street. Under plans approved by the City of Los Angeles, the seven-story building will contain 228 studio, one-, and two-bedroom apartments - including 23 extremely low-income affordable units - above 7,800 square feet of ground-floor commercial space and 229 parking stalls.
The podium-type building, consisting of five levels of wood-frame construction and a concrete base, is being designed by MVE + Partners. Renderings depict a contemporary design with cantilevered balconies, as well as amenities such as a rooftop deck, a fitness room, and a central courtyard.
Completion of the apartment complex is expected in 2021.
Jamison Services, which is leading construction, is also partnering on the 25-story Kurve on Wilshire apartment tower two blocks north at Wilshire Boulevard and Hoover Street.
City Century, the other partner, is behind a series of proposed high-rise developments in Downtown - including a three-tower complex near L.A. Live.
A short walk east at 2806 W. 7th Street, a similar development featuring 166 apartments and retail space is planned by Foster City-based Z&L Properties.
- 2940 W 7th Street (Urbanize LA)
