Architectural plans posted by the Northwest San Pedro Neighborhood Council offer new details on a proposed mixed-use complex near the L.A. Waterfront.
The project, which would replace a Grinder restaurant at 511 N. Harbor Boulevard, calls for the construction of an eight-story building featuring 137 studio, one-, and two-bedroom apartments - including 16 very low-income affordable units - above 2,478 square feet of ground-floor restaurant space and parking for 123 vehicles.
Designed by KFA Architecture, the project would feature five levels of wood-frame construction above a three-level parking podium - partially obscured from view by a double-height retail space along Harbor Boulevard. Above the concrete levels, plans call for a U-shaped structure surrounding a central courtyard. Additional amenities would come in the form of a gym, rooftop decks, and community rooms.
The developer, Galaxy Commercial Holdings, is seeking entitlements for 511 Harbor with density bonus incentives allowing to reductions in required rear- and side-yard setbacks, as well as increased height and a decrease in zone-required parking. The project was submitted to the City of Los Angeles for consideration in May 2019, and will require a hearing before the City Planning Commission prior to receiving entitlements.
Galaxy Commercial Holdings joins a handful of investors pursuing mixed-use and multifamily residential projects on the L.A. Waterfront.
On a neighboring site at 5th and Palos Verdes Streets, Holland Partner Group is now building a larger 375-unit apartment complex with ground-floor retail space.
A few blocks north at 111 N. Harbor Boulevard, local developer Urban Stearns recently announced plans for a similar mixed-use complex.
The City of Los Angeles may even get in on the action. A team led by The Richman Group, National CORE, and Century Housing was selected by the City's Housing Authority earlier this year to redevelop the Rancho San Pedro housing complex with a mixed-income, mixed-use project featuring more than 1,600 apartments and condos.
The proposed apartment complex on Harbor Boulevard is not Galaxy Commercial Holdings' first venture into San Pedro. The Beverly Hills-based firm was also the developer of the 16-story Vue apartments at 255 W. 5th Street.
- 137 Apartments Planned Near the L.A. Waterfront (Urbanize LA)