Sharp Capital Group (SCG) has unveiled renderings for an upcoming residential development in Downtown Los Angeles.

HōM Lofts, slated for a half-acre property at 1230 W. Ingraham Street, would consist of a six-story structure featuring 80 market rate apartments, including ground-level townhomes, traditional "flats," and two-story lofts on its upper levels.  The podium-style development will also offer residential amenities such as a full gym, a landscaped courtyard and a rooftop deck with a dipping spa.

A page from company's website lists a groundbreaking date in 2016 and an expected completion date in 2018.

It joins a slew of proposed residential developments in Downtown's City West neighborhood, including a pair of high-rise towers planned one block away.

The project represents the second installment in a series of residential develompents from SCG, a family-owned company based in Beverly Hills.  The first project, known as HōM at West Temple, consists of a 67 apartments and ground-floor commercial space on a corner lot near Silver Lake.

Rendering of HōM Lofts (Image courtesy of Sharp Capital Group)
Rendering of HōM Lofts (Image courtesy of Sharp Capital Group)
The project site, outlined in red (Image: Google Maps)

Proposed Apartment Building Near Van Nuys Boulevard Faces Appeal

The proposed development calls for a four-story building with 27 residential units.

This week, the Los Angeles City Planning Commission is scheduled to consider an appeal of a proposed multifamily residential development near the Van Nuys Civic Center.