A recommendation report from the Los Angeles City Planning Commission (CPC) has revealed renderings for Olive Hill, a proposed mixed-use development near Barnsdall Park in East Hollywood.

The project, slated for a 1.6-acre site at 4900 Hollywood Boulevard, would consist of a six-story structure featuring 200 apartments, including 40 units reserved for low-income households.  The proposed development would also contain slightly over 13,800 square feet of ground-floor commercial space, approximately 23,000 square feet of common amenities and 342 parking spaces in a partially underground garage.

Architectural plans contained with the CPC file indicates that the project is being designed by a team which includes Bermello Ajamil & Partners and Roschen Van Cleve Architects.  Renderings portray a modern building, adorned with a rooftop amenity deck.

The project is being developed by Cen Fed, LTD, a Los Angeles-based firm led by investor Edward M. Israel.

The proposed development would require the demolition of a series of small buildings which comprise 23 residential units.  A timeline is currently unclear.

Image via Google Maps

From the Web

Senior Affordable Housing Opens Near Orange County's Great Park

The two-building development features 157 apartments.

Developers Related California and FivePoint have opened a new affordable housing complex near Irvine's Great Park.  The project, called Luxaira, features 157 residential units catering to low-income seniors.  It is the second senior affordable development to be built in the Great Park neighborhoods by Related, FivePoint, and collaborator RCC Charitage.  To date, more than 500 affordable housing units have been built around the park in four separate projects.