The project from Fairfield Residential, located on a 4.5-acre site at 21221 Oxnard Street, will consist of 379 apartments in a sprawling five-story complex. Previous reports have budgeted the development at $70-million.
A rendering from Architects Orange portrays a contemporary design highlighted by a glass tower element.
The second phase of the project, which does not have an announced timeline, would create a seven-story office tower on the property.
Directly across the street, plans were recently filed for a similar development consisting of apartments, a hotel and a medical office tower.
- Apartments going up at old Daily News site (L.A. Daily News)
- New Residential-Office Complex Proposed in Warner Center (Urbanize LA)