CGI, a Woodland Hills-based real estate investment firm, has broken ground on a low-rise apartment complex at 2867 Sunset Place in Koreatown.

The project, which replaces a surface parking lot south of Wilshire Boulevard, will feature 60 apartments above a two-level subterranean garage.  Residential amenities will include a rooftop deck, bicycle parking, a fitness center and a lounge area.

According to an elevation plan filed with the Los Angeles Department of City Planning, designs from Michael Ball Architects call for exterior finishes including smooth plaster, tepered glass and anondized aluminum.

The Sunset Place Apartments are scheduled for completion in 2016.

Image via Michael Ball Architects

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125-Unit Affordable Housing Development Completed in Westlake

LINC Housing Corp. built the $57-million project.

LINC Housing has completed construction of Mosaic Gardens at Westlake, a new affordable housing community located just west of Downtown Los Angeles.

The $57-million development rose from a long-vacant lot at the corner of Beverly Boulevard and Lucas Avenue, and consists of a six-story building featuring 125 one-, two-, and three-bedroom apartments serving the formerly homeless, low-income families, and seniors.  Rents in the building are set between $398 and