More than a year after breaking ground, a multifamily residential development from Safco Capital is starting to rise above ground in East Hollywood.
The project, which replaced a strip mall at the southwest corner of Melrose and Ardmore Avenues, will consist of a six-story edifice featuring 66 studio, one-, and two-bedroom apartments above a semi-subterranean parking garage for 66 vehicles.
Safco entitled the project using Transit Oriented Communities development incentives, permitting reduced building setbacks and on-site open space in exchange for setting aside six apartments as deed-restricted affordable housing.
The Albert Group Architects is designing the contemporary podium-type building, which will be comprised of five levels of wood-frame construction above a concrete base. The plaster-clad structure will include a rooftop amenity deck.
The project is the latest in a series of new housing developments now being built on Melrose Avenue in East Hollywood, including Affirmed Housing's Emerson apartments, a co-living project from Six Peak Capital, and a mixed-use complex from Andre Sabetfard.
Safco Capital, the developer of the apartment complex at Melrose and Ardmore, is planning three similar mixed-use and multifamily residential projects in Westlake.
- 4658 Melrose Avenue (Urbanize LA)
