The mixed-use development wave is about to make landfall in West Adams.
4D Development & Investment, a California-based real estate firm, filed plans with the City of Los Angeles earlier this year to construct a residential-retail complex on an approximately one-acre property at 5163-5189 West Adams Boulevard. The project, referred to as Rise on Adams, would consist of a low-rise structure featuring 72 apartments, 33,800 square feet of ground-level commercial floor area and two levels of underground parking.
An architectural rendering displayed on the listing service LoopNet portrays the project four-story building wrapped with exterior balconies. Potential ground-floor occupants include retailers, a gymnasium and medical offices.
According to the listing, completion of the low-rise building is scheduled for late 2016.
4D Development is also in the midst of construction on a similar mixed-use complex at the intersection of Pico Boulevard and Grand Avenue in Downtown Los Angeles.
- 5169 W Adams Blvd (LoopNet)