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Jamison Services, Inc. has purchased an entitled development site in Koreatown for $14 million, reports the L.A. Business Journal.

The property, located at the southeast corner of 8th Street and Harvard Boulevard, is entitled for the construction of a six-story building featuring 131 residential units and 7,000 square feet of ground-floor commercial space.

Archeon Group, a Koreatown-based architecture and planning firm, has generated preliminary designs for the project.

Image via Archeon Group

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Senior Affordable Housing Coming to Santa Monica

Three-story development planned on 14th Street.
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The Community Corporation of Santa Monica is pursuing the development of a new senior affordable housing complex just south of the 10 Freeway.

The proposed three-story edifice, slated for a 15,000-square-foot site at 1820 14th Street, would replace a series of smaller commercial buildings with 39 apartments reserved for low-income seniors.  Plans also call for a ground-floor community room, a laundry facility, a library, and one level of underground p