Six months after clearing a property at 3rd Street and Mariposa Avenue in Koreatown, developer CGI Strategies has made it official: construction is underway for the company's latest development.

The project, known as the Mariposa, will feature 121 apartments - including 17 units of affordable housing - and 4,600 square feet of ground-floor retail space.  The seven-story brick and concrete building will offer a mix one- and two-bedroom apartments - ranging between 622 and 1,000 square feet - in addition to a rooftop pool deck, a fitness center, and a theater room.

Architect Warren Techentin designed the podium-type building.

Completion of the Mariposa is anticipated in Spring 2018.

CGI's pipeline of Koreatown developments currently consists of more than 500 residential units.