A new development featuring housing and retail could rise near the intersection of Figueroa Street and York Boulevard in Highland Park.
On June 29, an entity affiliated with local developer Skya Ventures submitted plans to the City of Los Angeles to construct a three-story building at the southwest corner of Avenue 64 and Garvanza Avenue. The project, slated to replace billboard and a roughly 33,000-square-foot parking lot, would include 33 studio, four-, and five-bedroom units and nearly 2,000 square feet of ground-floor commercial space above a two-level basement garage.
Requested entitlements include streamlined approvals in accordance with SB 330, as well as Transit Oriented Communities incentives allowing for increased density and floor area. In exchange for the incentives, Skya Ventures would set aside three residential units as deed-restricted affordable housing.
El Monte-based Green City Building Company is designing the project, which is shown as a contemporary low-rise structure in elevation plans. The apartments would have a U-shaped footprint above the ground level, wrapping a central courtyard. Additional common features would include a movie room, co-working space, and a lounge.
Skya Ventures has developed several infill housing developments in the Los Angeles area, including a proposed 92-unit apartment complex in East Hollywood.
- Highland Park (Urbanize LA)