In a special board meeting Thursday evening, the Harbor City Neighborhood Council will review plans by developer Red Oak Investments for a 354-unit mixed-use apartment project, according to its meeting agenda for this week.
Referred to as The Oasis in agenda documents, the proposed development would rise four to six stories at 1268 – 1290 Pacific Coast Highway and 25900 S. Frampton Avenue, a 3.7-acre project site that currently consists of vacant land and the A-1 Trailer Park. Red Oak Investments says in project application documents filed last year that it is working to relocate the property’s existing tenants and that it would reserve 42 units for very low-income households within its new project.
An Irvine-based developer focused on Los Angeles and Orange County, Red Oak Investments acquired the trailer park property in 2019 for about $9.3 million.
Project plans call for an approximately 410,000-square-foot, 80-foot-tall development with 113 studio units, 115 one-bedrooms, 112 two-bedrooms, and 14 three-bedrooms. The development would also include 1,500 square feet of commercial space, 10,200 square feet of interior recreation areas, and about 41,000 square feet of open space.
The project would provide a six-story parking garage with space for 575 automobiles and 185 bicycles, plans show.
Designs for the Harbor City plans are being led by Santa Monica-based project architect VTBS Architects and landscape architect LandStudio360.
