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Although the Sunkist Growers Cooperative relocated north to Valencia last year, their former landlords have managed to land on their feet.  IMT Capital--owner of the local landmark at 14130 Riverside Drive--will soon reorient their property as a mixed-use development, converting adjacent parking lots into apartment buildings.

The residential-retail complex, to be known as ICON Sherman Oaks, calls for a total of 298 apartment units and slightly under 40,000 square feet of neighborhood serving commercial space.  A conceptual site plan from architectural firms Johnson Fain and Duane Border portrays a trio of low-rise residential buildings, in addition to a new, LA River-adjacent park.

Residential structures will range from four-to-five stories in height, rising on the northern and western sides of the property.  Buildings will feature expansive rooftop courtyards, with at least one incorporating a swimming pool and a spa.  Indoor amenities will include bicycle storage space, recreation rooms, and an on-site fitness center.  ICON's retail accommodations will be located at the northeast corner of the property, directly abutting the intersection of Riverside Drive and Hazeltine Avenue.  Approximately 7,000 square feet of commercial space will be dedicated to restaurant uses.

IMT Capital also plans improvements for the 125,000 square foot Sunkist Office Building.  Upgrades for the AC Martin-designed structure include the renovation of its atrium and modifications to its main entrance and lobby.  The office building will be served by a 1,345-car parking structure, set to rise on the eastern side of the property.  The new garage, which replaces the site's existing surface parking accommodations, will include four above-grade levels and two basement levels.

Additionally, ICON will feature a publicly-accessible, landscaped plaza on the southern edge of the project site.  The new .64-acre park would offer a direct connection to the adjacent LA River Walk.

Construction of the mixed-use complex is anticipated to last 33 months, commencing in 2015 and finishing in 2018.

 

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