The steel skeleton of a new mixed-use development is now taking form at the corner of Vermont Avenue and James M. Wood Boulevard in Koreatown.

The five-story building, designed by Archeon Group, calls for a Zion Market at its ground level, with structured parking and approximately 22,000 square feet of commercial space located above.

Directly across James M. Wood Boulevard, Jamison Services recently filed plans to construct a six-story building featuring 193 apartments and 20,000 square feet of retail space on a currently undeveloped lot.

Both properties were previously part of a scuttled development proposal that would have also featured apartments and ground-floor commercial space.

Vermont & James M. Wood
Rendering of Vermont & James M. Wood. Rendering by Archeon Group.
Vermont & James M. Wood. Image via Google Maps

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Panorama City Development Swaps Retail Space for More Housing

Proposed develompent would replace a shuttered Montgomery Ward.

A proposed $150-million development at the site of a shuttered Montgomery Ward in Panorama City may be trading retail space for more housing, according to an agenda item at next week's meeting of the Los Angeles City Planning Commission.

The ICON at Panorama, when first announced by its developer the Icon Co., called for replacing the former department store at Roscoe Boulevard and Tobias Avenue with 422 apartments and approximately 200,000 sq