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DEMO FAST FOOD REST. GPA FROM LIGHT MANUF TO COMNTY COMM AND ZC FROM M2-2 TO C2-2 TO ALLOW 92 RES UNITS W/ 25,000 SQ FT 1ST FLOOR RETAIL AND 25,000 SQ FT 2ND FLOOR OFFICE. 6 STORIES, 286 SUB PARKING.

286 parking spaces seems excessive for a location directly across the street from the Blue Line's Grand Ave. Station, but I suppose the developer deems it necessary to make the retail and office space attractive.  25,000 square feet is fairly large amount of retail space.  It wouldn't surprise me if they're looking to attract a grocery store to the location.

From the Web

17 Small Lot Homes Coming to Atwater Village

The project replaces three existing houses.
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Calcagnie Group, an Irvine-based real estate development firm, has unveiled renderings for a new set of small lot homes in Atwater Village.

The project, slated for a 27,000-square-foot site at 3409-3421 Fletcher Drive, calls for the construction of 17 single-family residences.  The three-story houses would come in four different floor plans, ranging between 1,826 and 2,806 square feet in size.