An empty lot in north Long Beach could give way to a new development of townhomes from LAB Holding, LLC.
The project, called The ARTery, would rise from a property located at 5721 Lime Avenue. Plans call for the construction of 14 townhomes wrapping a central courtyard and a communal studio facility for artists.
The roughly 20,000-square-foot development is eligible for increased density and reduced parking via SB 1818. In exchange for development incentives, Lab Holding would set aside one townhome for a very low-income household.
Studio One Eleven is designing the three-story homes, which average approximately 1,172 square feet in size and are slated to include a rooftop deck, patios, balconies, and a ground-floor garage. The project's design concept takes inspiration from traditional courtyard housing, which was commonplace in the Los Angeles area from the 1920s through the 1940s.
Construction is expected to begin in early 2021 and conclude within nine months.
One block west of the development site on Atlantic Avenue, LAB Holding has purchased several retail properties which are being folded into a multi-phase project called The Beat.
The developer, which has teamed with Studio One Eleven and landscape architect Superjacent, plans to add a new pocket park, landscaping, and curb bulb-outs to the surrounding area.
LAB Holding has developed a similar mixed-use project in Anaheim.
- Long Beach (Urbanize LA)