The project, which is being built next to Metro's Expo/Vermont Station by nonprofit developer Abode Communities, will feature interconnected one-to-five-story buildings featuring 140 apartments, 8,000 square feet of commercial space, and a landscaped courtyard area. Plans also call for a 114-car garage within the new development.
Per the California State Treasurer's office, the new apartments will come in one-, two- and three-bedroom floor plans, with rents ranging between $466 and $1,354 per month. The units will be targeted to households making between 30 and 60 percent of the Los Angeles area median income.
Construction of the approximately $63-million development is anticipated to conclude in mid-2019.
Abode purchased the development site in 2012 in partnership with T.R.U.S.T. South L.A. for $9 million in 2012. It demolished 48 existing apartments to allow for the new development.
- Rolland Curtis Gardens Archive (Urbanize LA)