IMT Capital is continuing to push ahead with plans to construct a multifamily residential development in Van Nuys, according to an environmental report published by the Los Angeles Department of City Planning.

Slated for a 1.22-acre site at 6500 N. Sepulveda Boulevard, the proposed six-story building would feature 160 apartments - including seven units of affordable housing - above a parking garage for 274 vehicles.

A rendering from the IMT Capital website portrays a contemporary mid-rise structure.

The environmental report points to an approximately 18-month construction timeline, although a groundbreaking date is not clear.

IMT is also behind the proposed redevelopment of the former Sunkist headquarers in Sherman Oaks.

Image via IMT Capital
Image via Google Maps

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LOHA-Designed Houses Coming to Franklin Village

Five small lot homes to rise north of the 101 Freeway.

Work is getting underway for a new set of small lot houses near Franklin Village in Hollywood, according to a representative of developer ROM Investments.

The project, located at 1826 Canyon Drive, will consist of five single-family residences, each featuring two bedrooms, 2.5-bathrooms, rooftop decks, and two-car garages.