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Later this week, the Los Angeles City Planning Commission will review "The Rise Hollywood," a mixed-use complex proposed by a joint venture between Cal-Coast Development and Rescore.

The $110-million project is slated for an approximately two-acre site at 1311 N. Cahuenga Boulevard, currently developed with a collection of small commercial buildings.  Plans call for seven-story structure featuring 369 apartments, including 12 live-work units, 30 micro units and 20 units reserved for moderate income households.  Other features would include 2,500 square feet of retail space, as well as an underground parking garage, a public plaza, multiple outdoor decks, a gym and a recreation room.

Renderings from Nadel Architects portray a modern design, utilizing exterior materials such as painted plaster, glass and metal.  The project would include multiple pedestrian passageways cutting through the property, new street trees and live-work apartments lining Cahuenga Boulevard.

Previous reports have called for construction of the development to begin in 2016.

The Rise would sit directly across the street from Academy Square, a proposed office, retail and residential complex from Kilroy Realty.

Image via Google Maps

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Senior Affordable Housing Opens Near Orange County's Great Park

The two-building development features 157 apartments.
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Developers Related California and FivePoint have opened a new affordable housing complex near Irvine's Great Park.  The project, called Luxaira, features 157 residential units catering to low-income seniors.  It is the second senior affordable development to be built in the Great Park neighborhoods by Related, FivePoint, and collaborator RCC Charitage.  To date, more than 500 affordable housing units have been built around the park in four separate projects.