Oakmont Capital, a Los Angeles-based development firm, is now midway through construction on a five-story apartment building in the Palms neighborhood.

The project, located mid-block on Dunn Drive between Washington and Venice Boulevards, replaces a single family residence and two parking lots.  The completed development will offer 40 one- and two-bedroom apartments above a surface parking lot.

A rendering of the project, which is described as the Dunn 40, shows a contemporary mid-rise building wrapping around a podium-level courtyard.

The property is located directly across the street from the 3838 apartments, a larger multifamily residential complex which is being developed by California Landmark Group.

Image via Oakmont Capital

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City Looks to Update Land Use and Transportation Along Rail-to-River Corridor

A freight railway that cuts through South L.A. is set for rebirth as an active transportion corridor.

In 2012, Metro began exploring the possibility of transforming a segment of a former freight rail right-of-way that cuts through the heart of South Los Angeles into an active transportation project.  The project, now known as the Rail-to-River corridor, would convert the Harbor Subdivision - which runs east-to-west along Florence and Slauson Avenues - for use by pedestrians and cyclists.

To capitalize on this investment, the Cit