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Los Angeles-based developer CGI Strategies has announced the completion of the KODO, a new luxury rental development in Koreatown.

Located at 2867 Sunset Place in Koreatown, the project features 60 residential units and two levels of basement parking.

The mix of studio, one-, and two-bedroom units range between 500 and 850 square feet in size, and come appliances and furnishing.  Communal amenities include a rooftop lounge, a fitness center, and co-working space.

Michael Ball Architects designed the mid-rise edifice.

KODO is the first of two Koreatown developments for CGI, joining a 121-unit mixed-use building now under construction on 3rd Street.

The KODO site sits immediately south of a large property where Hankey Capital and Jamison Services, Inc. have proposed a 23-story apartment tower.\

Rendering of KODO via CGI Strategies
The KODO. Image via CGI Strategies.

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Mixed-Use Development Planned Near Laguna Niguel Metrolink Station

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The Laguna Niguel Planning Commission has approved a mixed-use development near the city's Metrolink Station.  The joint venture between Blackwood Real Estate and Walbern, located near the intersection of Crown Valley Parkway and Forbes Road, will consist of 100 two- and three-bedroom apartments in a seven-story building.  Plans also call for 2,700 square feet of ground-floor retail space, as well as a pool courtyard, a fitness center, a private garden, and a sky deck.