A local development firm with several new apartment buildings near the Crenshaw/LAX Line has now set its sights on a different part of South Los Angeles.
Yesterday, Haroni Investments submitted an application to the Department of City Planning for the construction of a multifamily residential development on a 30,000-square-foot property 1632-1656 W. Florence Avenue. The project would create 128 residential units - including 13 to be set aside for extremely-low-income households.
Haroni is pursuing entitlements through the Transit Oriented Communities guidelines and is seeking increased density and reduced parking for the project, amongst other affordable housing incentives.
Additional details regarding the project are not apparent based on its case filing.
Haroni is currently wrapping up construction on a five-story, 51-unit apartment building on Hyde Park Boulevard, and more recently broke ground on a five-story, 75-unit development on Crenshaw Boulevard. Both projects are located within walking distance of the Crenshaw/LAX Line's future Hyde Park Station.
- Haroni Investments Archive (Urbanize LA)