A developer has plans for a 22-story, 343-unit mixed-use apartment tower to rise in the heart of Koreatown, according to a new planning case posted this week by the city of Los Angeles.
The development would rise at 638 S. Berendo Street, currently a surface parking lot owned by Elevation Advisors LLC, an affiliate of prolific Koreatown developer Jamison Properties, according to planning documents and state business filings. The applicant behind the project is listed as attorney Wayne R. Johnson of Berendo Inc.
The project would take shape just north of an approximately 33,000-square-foot commercial building at 3281 Wilshire Boulevard. It would provide 45 on-site parking spaces split between two underground levels of parking, along with 64 off-site parking spaces for the existing commercial property to the south.
Designs for the Koreatown project are being led by project architect HansonLA Architecture, with landscape architect TGP also involved.
The development team is seeking Tier-4 project incentives under the city’s Transit Oriented Communities Incentive Program, including an 80-percent density bonus. It would reserve 38 apartments for extremely low-income households, plans show.
In all, the approximately 207,000-square-foot, 265-foot-tall building would contain 228 studio apartments and 115 one-bedrooms. Studio units would average 380 square feet in size, while ones would range from 585 to 885 square feet, according to planning documents.
Plans also call for about 26,000 square feet of open space dispersed throughout the building, including recreation rooms, a gym, a library, a business center, and a rooftop deck with a pool.
