A vacant lot on Lankershim Boulevard could yield a new residential-retail complex, according to the agenda of next week's this week's meeting of the Mid-Town North Hollywood Neighborhood Council's Planning, Land Use, Housing and Transportation Committee.

The project, which would rise from a .33-acre site at Lankershim and Huston Street, calls for the construction of a five-story building featuring 25 apartments atop nearly 2,800 square feet of ground-floor retail space.

Arbel-Henderson & Associates, Inc. is designing the project, which is portrayed as a contemporary mid-rise building wrapped with balconies.

The developer has requested relief from a 45-foot height limit for the subject property.