Next month, the City of Lomita's Planning Commission will review a proposal to construct the Picerne Lomita Apartments, a large multifamily residential complex at 24000 Crenshaw Boulevard.

The 2.7-acre site, located at the intersection of Crenshaw and Lomita Boulevard, functions as a storage yard for rental equipment.  The Picerne Group, the Newport Beach-based real estate firm which owns the property, proposes to redevelop L-shaped lot with with a five-story building that would feature 223 rental apartments, including studio, one- and two-bedroom units.  Plans also call for a parking garage and residential amentiies such as a pool, a fitness center and a common area balcony.

Renderings of the project, which is being designed by TCA Architects, portray a contemporary podium-type complex seated above two basement levels.  Exterior materials would include wood grain porcelain tile, plaster and board formed concrete.

A construction timeline has previously been estimated at 26 months.  However, a groundbreaking date has not been announced.

Rendering by TCA Architects
Rendering by TCA Architects
Rendering by TCA Architects
Rendering by TCA Architects
Image via Google Maps

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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.