The project, named for its address at 601 N. Dillon Street, occupies a corner site at the intersection of Silver Lake Boulevard and Bellevue Avenue. A construction permit issued last year by the Los Angeles Department of Building and Safety describes the new development as a three-story building that will include 52 apartments above ground-floor retail space and two levels of subterranean parking.
CIM Group used Transit Oriented Communities affordable housing incentives to build a larger project than zoning would otherwise allow on the site. In exchange for setting aside five apartments for lower-income households, the developer is able to exceed the baseline density limits of 30 residential units.
Building permits indicate that Culver City-based architecture firm LOHA is designing the apartment complex.
The two firms previously worked on the 49-unit Dillon 617 apartments, which are located on a neighboring property. CIM originally planned to develop both properties as a single development featuring more than 130 apartments and ground-floor retail space, according to the Eastsider. However, the company withdrew its entitlement request shortly after submittal.
Other Silver Lake developments from CIM Group include a similar residential-retail complex at 4121 Santa Monica Boulevard.
The 601 Dillon site also sits one block north of the intersection of Silver Lake Boulevard and London Street, where a five-story edifice with 60 apartments is now under construction.