In East Hollywood, the site of a new affordable housing complex from Thrive Living is showing signs of activity just north of Metro's Vermont/Santa Monica Station.
Located at 1141 N. Vermont Avenue, the now-approved project calls for the construction of a seven-story building featuring 290 studio, one-, two-, and three-bedroom apartments catering to households earning up to 80 percent of the area median income level. The project was entitled using the streamlining provisions of Executive Directive 1.
Rios is designing the apartment complex, which will incorporate amenities such as a rooftop deck, a community room, and other landscaped outdoor spaces. The building is to be composed of prefabricated modular units, potentially allowing completion within 14 months.
Thrive Living, which secured a $65-million construction loan for the apartment complex last year, is wrapping up work on a larger 376-unit development now under construction at 1457 N. Main Street in Chinatown, and has plans for mixed-use development in Baldwin Hills which will feature 800 apartments and a Costco on the ground floor.
The project is the latest in a recent string of developments slated to reshape the blocks surrounding Vermont/Santa Monica Station, including an affordable housing complex from LTSC which now flanks the subway station's entry plaza and a 177-unit mixed-income development taking shape one block to the east.
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- East Hollywood (Urbanize LA)

