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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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Mixed-Use Development Planned for Playa del Rey Faces Appeal

Plans call for a four-story building featuring apartments over retail.
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A controversial proposal to construct a residential-retail development in Playa del Rey received sign-offs from the City of Los Angeles earlier this year, but now faces an appeal to the L.A. City Planning Commission.

Legado Del Mar, a project of the Beverly Hills-based Legado Companies, would bring a low-rise apartment complex to a currently vacant property at 138 E.