Local real estate development firm Goldrich Kest is dusting off plans from the early 20th century for a proposed mixed-use building near Pasadena Central Park.
The proposed development, slated to replace a surface parking lot at the northeast corner of Fair Oaks Avenue and Dayton Street, would be flanked by the historic Green Hotel Apartments and Castle Green. Plans call for the construction of a six-story building featuring 84 studio, one-, and two-bedroom apartments - including 16 affordable units - with amenities such as a gym, a pool deck, and multiple rooftop terraces.. Parking for 195 vehicles is proposed in a four-level basement garage below the building.
Architectural Resources Group, which is designing the proposed apartment complex, is building off of a 1903 plan from Colonel G.G. Green to expand the neighboring Hotel Green complex. Green, a Civil War veteran and entrepreneur, completed the existing structures on the block in the late 19th century, both of which are now listed on the National Register of Historic Places.
In addition to vintage plans, Goldrich Kest's project is also being designed with modern zoning regulations in mind. The plan, according to the developer, remains within limits for height and floor area, and promotes walkability through the inclusions of 6,000 square feet of ground-floor retail space and four street-facing live/work units across from Pasadena Central Park.
The proposed development, which is being designed to obtain LEED certification, has already gone before the Pasadena Design Commission for a preliminary review and consulation, resulting in some changes to the look of the apartment complex.
“We set out to create new apartment homes that will meet Pasadena’s need for new mixed-rate housing while carefully considering the project’s location within a historic block, in the context of the Old Pasadena Historic District, and its relationship to Central Park,” said Goldrich Kest director of development Emily Taylor in a news release. “We are very proud of how the project design has evolved, and how it will transform a surface parking lot into a transit-oriented housing development that will become a new gateway to Old Pasadena.”
The development site is located two blocks south of Colorado Boulevard, and across Central Park from the Metro L Line's Del Mar Station.
Goldrich Kest, which was founded in Los Angeles in the 1950s, has built multifamily housing at locations across Southern California. The company has owned the neighboring Hotel Green since the early 1970s.
Outside of Pasadena, Goldrich Kest has also worked with Architectural Resources Group on a proposed mixed-use apartment building just south of the Los Angeles River in Studio City.
- Pasadena (Urbanize LA)