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Greystar Real Estate Partners is nearing completion for Avila, a new residential-retail development near the corner of Walnut Street and Fair Oaks Avenue in Pasadena.

The $100-million project, a joint venture with Ivanhoé Cambridge, consists of a five-story building featuring 201 rental units studio, one- and two-bedrooms ranging between 523 and 1,314 square feet.  Plans also call for 10,000 square feet of ground-level retail space, as well as a fitness center, a recreation center, multiple courtyards and a swimming pool.

Completion is expected by the second quarter of 2018.

The property sits immediately north of the headquarters of engineering firm Parsons.  The sprawling parking lots surrounding the office building are slated to give way for a mixed-use complex known as 100 West Walnut, which would feature 210,000 square feet of offices and 475 apartments above ground-level shops and restaurants.

Image via Greystar Real Estate Partners
Image via Greystar Real Estate Partners

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Another Look at 8000 W. 3rd Street

Mixed-use apartment building planned just west of Fairfax Avenue.
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Yesterday, the development team behind a proposed residential-retail development near The Grove gave a first look at their project to the Mid City West Community Council's Planning and Land Use Committee.

The project, filed earlier this year with the City of Los Angeles, calls for replacing an auto body repair shop and two small commercial buildings at 8000-8014 W.