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A local real estate firm hopes to redevelop a series of early 20th century buildings in Silver Lake with a mid-rise apartment complex.

Last week, California Landmark Group submitted an application to the City of Los Angeles to construct a six-story building at the northwest corner of Myra Avenue and Effie Street that would feature 100 apartments through the Transit Oriented Communities guidelines - which allows projects to exceed height and density restrictions when providing affordable housing.  The proposed development would also incorporate 50 automobile parking spaces within a ground-floor garage.

Additional details regarding the project are currently unclear.

CLG has built similar multifamily residential developments throughout the City of Los Angeles, with two projects currently taking shape in Del Rey, and another recently completed in Palms.  CLG has also turned to the Transit Oriented Communities guidelines to increase the total number of apartments at its four-story development currently under construction in the Sawtelle neighborhood.

The proposed development at Myra and Effie was first reported by The Real Deal.

 

1201 Myra. Image via Google Maps.

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Slow Progress at San Pedro Small Lot Development

24 on Centre broke ground in October 2017.
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Ten months ago, Santa Clarita-based Williams Homes broke ground on a small lot subdivision in San Pedro.  The project, which replaces a vacant lot at the intersection of 8th and Streets, is known as 24 on Centre.  Plans call for 24 single-family residences, all of which would feature a rooftop deck and a parking garage.