09/14/2018
Alchemy is proud to have represented this project, which received approval from the Los Angeles City Planning Commission this morning!
The development will create five new micro-units, including one Very Low Income affordable unit, while also maintaining the existing rent-stabilized four-unit apartment building on the site, allowing for densification without displacement of any existing residents.
The project will utilize modular concrete construction with no on-site parking, significantly reducing project costs and construction timeline. We hope this will serve as a model for future lower-cost, high-quality infill development!
The Los Angeles City Planning Commission is scheduled to consider a proposal a Boyle Heights-based real estate firm to construct a small apartment building near Hollenbeck Park.The project, which comes from Toledo Capital Development, entails a property at 731-733 S. Boyle Avenue. Plans call for the...