Continental Partners has announced $8.4 million in construction financing for a multifamily residential development in Westlake.

The proposed development, slated for two parcels at 218-224 S. Occidental Boulevard, calls for the construction of a six-story, 47-unit apartment complex with underground parking.  The project site is currently improved with two 1940s residential buildings, totaling 16 units.  Both would be demolished to allow construction to proceed.

A timeline for the development has not been announced.

The new apartments would be located a short distance north of Lafayette Recreation Center, where a slew of mixed-use developments are currently planned or underway.  Most notably, a 31-story apartment tower could rise directly across the street from the park.

Image via Continental Partners
Image via Google Maps

From the Web

New Small Lot Homes Completed in Eagle Rock

Sales prices start in the $800,000s.

Warmington Residential has completed construction of The E.R.B., a mixed-use development in Eagle Rock.

Located at the intersection of Eagle Rock and York Boulevards, the project features 45 small lot houses - seven of which feature street-fronting commercial space.  The shopkeeper units satisfy a zoning requirement for Eagle Rock Boulevard that mandates ground-floor retail space, ac