Rumors of another residential tower in the Westlake neighborhood have become reality.

Last year, an approximately one-acre site at 1247 W. 7th Street sold for $19 million to an American subsidiary of the Lifan Group, a major Chinese manufacturer of automobiles and motorcycles.  Earlier today, the company filed plans to construct a mixed-use development on the property, consisting of 304 residential units above 5,700 square feet of ground-floor retail space and a parking garage.

The applicant has requested a density bonus in exchange for setting aside 34 units as affordable housing.

A rendering of the project, which surfaced in February 2016, portray and approximately 28-story glass-clad tower with rooftop and podium-level amenity decks featuring landscaping, swimming pools and outdoor seating.  The logo of American General Design (AGD), a Pasadena-based architecture firm, is displayed on the rendering.

One block east, AGD has designed a similar project at the corner of 7th Street and Lucas Avenue.

An additional tower from Orange County-based REALM Group is proposed at the corner of Bixel and Ingraham Streets.

Rendering of the proposed Lifan Tower via Vimeo
1247 W. 7th Street (Image: Google Maps)
Project site and surroundings (Image: Google Maps)

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Vermont Corridor Development Approved by L.A. County Supervisors

Offices, retail, and mixed-income housing is on the way in Koreatown.

Today, the Los Angeles County Board of Supervisors voted to certify the final environmental impact report and ground lease terms for the Vermont Corridor project, the latest step in the proposed redevelopment of several dilapidated office buildings in Koreatown.

The action today allows Trammell Crow Company to proceed with the construction of a new headquarters for the L.A.