The project, slated for a roughly 4.5-acre site at the southeast corner of Lankershim Boulevard and Strathern Avenue, calls for the construction of a seven-story edifice containing 432 one-, two-, and three-bedroom apartments with 2,000 square feet of ground-floor commercial space and a 541-car garage.
As a condition of a zone change requested as part of its entitlement application, the project would include 48 units of deed-restricted affordable housing priced at the very low- and extremely low-income levels.
The project, called Lankershim Crossing, is being designed architect Kamran Tabrizi. Renderings depict a contemporary building which presents a series of boxy protrusions to Lankershim and Strathern. Architectural plans show on-site amenities including a pool, a playground, and a community room.
A staff report to the Planning Commission recommends the approval of a zone change and other entitlements required for the project.
Pending sign offs by the Los Angeles City Council, construction of Lankershim Crossing is expected to occur over approximately 36 months, according to a sustainable communities project assessment conducted for the development. Completion is anticipated in 2023.
Hankey is also partnering with Jamison Services on two large mixed-use projects in Koreatown: a 490-apartment complex near the Vermont/Beverly Metro station and the 25-story Kurve on Wilshire tower.
Lankershim Crossing sits short distance west of a former landfill at the intersection of Strathern and Tujunga Avenue, which is slated for a $200-million conversion into a 46-acre wetlands park.
- Lankershim Crossing (Urbanize LA)