On a busy stretch of Crenshaw Boulevard in Hyde Park, construction is in full swing for a pair of mixed-use affordable housing developments.
On a corner lot at 6501 S. Crenshaw Boulevard, HBG Construction Corp. and Aedis Real Estate Group (working together under the banner of Hope Street Development Group) are now assembling the prefabricated modular units of Hope on Hyde Park, a new $40-million development that will feature 96 studio and one-bedroom apartments reserved for formerly unhoused individuals.
Designed by KTGY, the completed building will stand five stories in height. In addition to supportive housing, plans also call for on-site social services and a central courtyard for residents.
Completion is expected in the second quarter of 2022.
A short walk south at 6527-6549 S. Crenshaw Boulevard, wood framing is now complete for the Depot at Hyde Park, a similar project from co-developers GTM Holdings and WORKS.
The five-story development, which replaced a 10-unit apartment, will create a total of 43 residential units above 1,500 square feet of ground-floor commercial space and a 22-car parking garage. Plans also call for on-site supportive services and open space for residents.
Lahmon Architects is designing the apartment complex, which will cater survivors of domestic violence.
The $28.9-million project is also on pace to open in 2022.
The Hope Street and Depot developments aren't the only new supportive housing on the rise in Hyde Park. A few blocks west on West Boulevard, A Community of Friends broke ground in May on a similar 64-unit housing complex which is also on track to make its debut in 2022.
- Hyde Park (Urbanize LA)
Looking for affordable housing? Visit lahousing.lacity.org/aahr and housing.lacounty.gov
California's 2021 state income limits