Of the 136 planned units, 15 percent would be reserved for very low-income renters. The complex would also provide 236 parking spaces, presumably to accommodate not just residents, but also shoppers visiting the 12,000 square feet of retail space in the new project. All those new shops will make a big impact on the immediate neighborhood—right now, the property is home to Phil’s Transfer & Storage and a small market—and ELA says that most of the attendees at a community meeting back in March seemed excited about more shops on the block.
CIM Group has recently had some high-profile drama exploding at its Sunset/Gordon property, where a lawsuit claims it illegally demolished the exterior of the Old Spaghetti Factory—a feature it had agreed to preserve. Repercussions of the lawsuit have led to a prolonged back-and-forth about whether or not tenants can even stay in the building.
· Residents to weigh in on south Silver Lake development [ELA]
· Big Mixed-User Headed to Non-Hip Stretch of South Silver Lake [Curbed LA]