Developer CGI Strategies has demolished a series of low-rise buildings at the corner of 3rd Street and Mariposa Avenue in Koreatown, clearing the way for the construction of a new residential-retail complex.

The proposed seven-story building, approved earlier this year by the City of Los Angeles, will feature 121 residential units and 4,600 square feet of ground-floor commercial space.  The project will offer a mixture of live/work, one- and two-bedroom dwellings, of which 17 will be reserved for very low income households.

Warren Techentin Architecture is designing the podium-type building, which will include open space ameniteis such as a roof deck and a fitness center.  Renderings show a contemporary mid-rise structure, clad with brick veneer at the street corner.

Designed by Warren Techentin Architecture
Designed by Warren Techentin Architecture
Image via Google Maps

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Two Affordable Housing Projects Poised for $31 Million in Funding

The projects would create over 90 units reserved for low-income residents.

Earlier this month, the Los Angeles City Council approved $31 million in funding for affordable housing in Westlake and near USC.