A multifamily residential development could rise a short distance north of the Crenshaw/LAX Line in Westchester.
Last week, Santa Monica-based developer WS Communities filed plans with the City of Los Angeles to construct a seven-story, 53-unit apartment complex on an approximately 14,300-square-foot site at 9044-9056 Reading Avenue. The project would replace a triplex and a fourplex which were completed in 1950. The properties were purchased in 2018 for a combined some of approximatley $2.5 million, according to records from the Los Angeles County Assessor.
Requested entitlements for the project include Transit Oriented Communities affordable housing incentives allowing for increaesd height and reductions to required side yard setbacks and open space. The incentives would be granted in exchange for setting aside eight apartments as very low-income affordable housing.
The project site's TOC incentives derive from its proximity to major bus stops and a future rail station on the Crenshaw/LAX Line at 96th Street. The transit hub, slated to cost $500-million, will connect to the LAX Automated People Mover.
While WS Communities is best known for its slew of mixed-use projects planned in Downtown Santa Monica, this is not the company's first foray into Westchester. The company has previously developed 187 apartments in three buildings adjacent to Airport Boulevard.
- Westchester (Urbanize LA)