The City of Los Angeles has approved a proposed mixed-use development at the corner of Vermont Avenue and James M. Wood Boulevard in Koreatown.
The project, which comes from local developer Jamison Services, Inc., would replace a vacant site at 900 S. Vermont Avenue with a six-story building containing 193 apartments - including 20 affordable units - above roughly 19,000 square feet of ground-floor retail space and 249 parking spaces on two basement levels. Plans call for a mix of studio, one-, and two-bedroom dwellings, in addition to amenities such as a rooftop deck.
The 900 Vermont development is among the first projects to be approved through the Transit Oriented Communities guidelines, which incentivize affordable housing production by providing accelerated processing and additional building potential.
LARGE Architecture is designing the podium-type complex, which will be clad with a mix of plaster and metal panels.
Jamison is currently seeking building permits for 900 S. Vermont. A timeline for the project has not been announced.
The company is among the largest private landlords in Southern California, and owns the lion's share of Koreatown office space. Jamison is also working with LARGE Architecture on a similar mixed-use development at 8th Street and Harvard Boulevard, and a 23-story tower at Wilshire Boulevard and Hoover Street.
The 900 Vermont development will rise south across James M. Wood from another ground-up project featuring a supermarket, parking, and office space.
- Mixed-Use Project Coming to Vermont & James M. Wood (Urbanize LA)