A series of small commercial buildings in Canoga Park are poised for redevelopment with multifamily housing, according to an application filed with the Los Angeles Department of City Planning.
Alliant Strategic Development, a Calabasas-based real estate investment firm, is seeking entitlements for the construction of a five-story, 220-unit apartment complex on a roughly 1.2-acre property located at 7019-7049 N. Canoga Avenue. All existing structures, completed during the 1960s ad 1970s, would be demolished for the new building.
Requested entitlements for the project include Transit Oriented Communities incentives, owing to the property's proximity to the G Line busway's Sherman Way Station less than a half-mile north on Canoga Avenue. In exchange for incentives permitting increased height and floor area, as well as a decrease in required on-site parking to 110 vehicle stalls, Alliant Strategic would set aside 22 of the proposed one-bedroom apartments as deed-restricted affordable housing at the extremely low-income level.
VTBS Architects is designing the project, which is depicted in renderings as a contemporary podium-type building with four levels of wood-frame construction stacked above a concrete base. Residential amenities include spaces at street level facing Canoga Avenue, as well as a second-story courtyard with landscaping and a swimming pool.
The project is the second large multifamily residential development in Canoga Park that Alliant Strategic has sought entitlements for in recent months. Late last year, the company filed an application to raze an office building on Topanga Canyon Boulevard to make way for a 148-unit apartment complex.
- Canoga Park (Urbanize LA)