The project site - located mid-block between Figueroa and Flower Streets at 505-517 W. 31st Street - will be developed with a seven-story structure containing 73 studio, one-, two-, and three-bedroom apartments - including eight set aside as affordable housing at the very low- and moderate-income levels - and parking for 78 vehicles.
Designed by HBA Architects, the podium-type building will be clad in the signature red brick of the nearby USC Campus. Plans call for a variety of communal amenities, including a rooftop terrace.
According to Canfield Development, the property will be marketed as student housing, with capacity for up to 187 beds.
Completion is anticipated in 2021.