A developer has plans for a five-story, 94-unit apartment project in the NoHo Arts District, according to a planning case posted by the city of Los Angeles this week.
The proposal is being led by property owner Building One Apartments LLC, a company managed by Melinda Russell, and calls for an approximately 113,000-square-foot, 67-foot-tall multifamily building at 5057 – 5061 Klump Street. An existing 28-unit apartment building at the site would be demolished.
The developer is seeking Tier-3 project incentives under the city’s Transit Oriented Communities Incentive Program, including a 25-percent reduction in required open space and a 22-foot height increase to the planned height of 67 feet. Eight units would be reserved for extremely low-income households in accordance with the TOC program, plans show.
Designs for the proposal are being led by Calabasas-based architecture firm Stockton Architects.
The community would hold 36 studio apartments ranging in size from 412 to 487 square feet, 49 one-bedrooms ranging from 493 to 704 square feet, and nine 826-square-foot two-bedrooms. Plans also call for 49 automobile parking spaces in an at-grade and subterranean parking garage, as well as more than 7,000 square feet of open space.
