In Koreatown, the adaptive reuse of a late 1950s office building into multifamily housing is nearly complete.
The Arden, a seven-story edifice located at the northeast corner of Wilshire Boulevard and Gramercy Place, is being transformed by developer Jamison Services, Inc. into 109 apartments above street-level commercial space.
According to a leasing website, the Arden includes a mix of studio, one-, and two-bedroom apartments as small as 503 square feet in size. Rents for the building start at $1,725 per month for a studio, and run as high as $2,965 per month for a two-bedroom unit.
City records indicate that Koreatown-based architecture and planning firm Archeon Group designed the adaptive reuse project, which repainted the exterior of the building in various shades of blue, but otherwise resulted in limited structural changes.
Arden sits just across the street from Nova - a seven-story, 228-unit apartment complex built by Jamison Services at Wilshire Boulevard and Wilton Place.
The 3921 Wilshire development is one of five adaptive reuse projects Jamison currently has in progress on the Wilshire corridor.
- 3921 Wilshire Boulevard (Urbanize LA)