Yet another blighted property near the Red Line's Hollywood/Western Station is slated to give way for a mixed-use development.

Earlier this month, the City of Los Angeles issued a grading permit for 5400 Hollywood Boulevard, a proposed low-rise residential-retail complex.  The project, which is being developed by the nonprofit Meta Housing Corporation, would consist of a five-story structure featuring 40 units of affordable housing and 3,300 square feet of ground-level retail space.

The modern low-rise development, designed by Y&M Architects, will include one-, two- and three-bedroom floor plans.  The project, which is being constructed to LEED Gold standards, will also offer amenities such as a roof deck, a children's play area and an on-site laundry facility.

5400 Hollywood Boulevard is Meta Housing's second recent development in East Hollywood, following a 120-unit senior housing complex which opened in 2012.  The neighborhood has also become a target for market rate developers as well, exemplified by a $100 million residential community now under construction near the historic Mayer Building.

5400 Hollywood Family Apartments (Image: Meta Housing Corporation)

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Senior Affordable Housing Opens Near Orange County's Great Park

The two-building development features 157 apartments.

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.