New planning documents are offering a first look at a mixed-user proposed about a year ago by developer MCRT Investments on a site is directly behind where the Palladium Residences are expected to rise.
The seven-story building, called Modera Argyle, would have 276 residential units (most, with private balconies). The units would be a mix of studios, and one-bedroom and two-bedroom apartments, with the majority being one-bedroom units. Thirteen of the units would be available for very low income tenants.
Designed by Carrier Johnson + Culture, the Modera Argyle would also contain four levels of underground parking.
The non-residential aspect of the project could go one of two ways: 24,000 square feet of commercial space for restaurants and retail or a 27,000-square-foot grocery store.
The project would require the demolition of six buildings and a parking lot on the site at the southeast corner of Selma and Argyle avenues. The developer anticipates construction taking about 30 months, with the project ready in 2023.
- 1546 Argyle Avenue [Department of City Planning]
- Big new housing project proposed near the Hollywood Palladium [Curbed LA]