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Developer CGI Strategies is nearing completion on the Kodo, a new multifamily residential complex in Koreatown.

The six-story edifice, located one block south of Wilshire Boulevard at 2867 Sunset Place, will feature 60 rental units above a two-level underground parking structure.  Plans also call for a rooftop deck and a fitness center.

Michael Ball Architects designed the podium-type building, which features an exterior of smooth plaster.

Per an official leasing site, the project includes studio, one- and two-bedroom floor plans between 550 and 845 square feet.  Rents will range between $2,500 and $4,200 per month.

Completion is expected before the end of 2017.

The property is located immediately south of the three-acre 2900 Wilshire site, where a 23-story mixed-use tower is planned by developers Hankey Capital and Jamison Services, Inc.

Image via CGI Strategies in Real Estate
Image via CGI Strategies in Real Estate
Image via CGI Strategies in Real Estate
Image via CGI Strategies in Real Estate
Image via Google Maps

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Senior Affordable Housing Coming to Santa Monica

Three-story development planned on 14th Street.
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The Community Corporation of Santa Monica is pursuing the development of a new senior affordable housing complex just south of the 10 Freeway.

The proposed three-story edifice, slated for a 15,000-square-foot site at 1820 14th Street, would replace a series of smaller commercial buildings with 39 apartments reserved for low-income seniors.  Plans also call for a ground-floor community room, a laundry facility, a library, and one level of underground p