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A new office building is making slow, but steady progress in West Adams.

The new development, located at 5245 W. Adams Boulevard, consists of a three-story structure that will feature approximately 15,000 square feet of rentable space.

Renderings of the low-rise structure, gleaned from the website of real estate firm Fedida Properties, portray a contemporary design framed with a grid-like window pattern.

Space in the new building will rent for approximatley $2.50 to $3.50 per month, according to a posting on LoopNet.

Image via Fedida Properties

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Senior Affordable Housing Opens Near Orange County's Great Park

The two-building development features 157 apartments.
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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.