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Plans for 9530+Pico, a new residential mixed-use, at 9500-9530 West Pico Boulevard, have been approved, according to a determination letter from the Office of Planning issued late last week. It is unknown what the developer’s next steps are in terms of going vertical on the project which was first submitted to City planners in 2019.
The five-story building would have 108 units of living space with the ground floor containing 3,250 square feet of commercial space. 13 units would be set aside for low-income families. Two levels of underground parking would provide 134 parking spaces for vehicles, 81 long-term, and 10 short term parking for bicycles. Residents would also be provided with a roof deck, pool, private balconies, community rooms, and a public plaza. The whole project would encompass 96,870 square feet.
The determination letter outlined approvals for some of the requested incentives from the builder, including a Site Plan Review to allow for an increase of 50 or more living spaces. The project was granted a density increase of 50 percent in order to build the 108 units in return for providing 13 affordable housing living spaces. Other incentives were granted including allowing an increase in floor area ratio from 1.5:1 to 3.75:1, an increase in height from the required 45 feet and three stories to 72 feet and six stories, a reduction of the required 166 parking spaces to 120, and a waiver to provide 63 residential compact stalls and 53 percent of the residential parking stalls as compact stalls instead of the usual requirement for one standard stall per living unit.
A commercial building and a car wash currently reside at the site but the letter includes plans to demolish both buildings. It is unknown what businesses will go into the commercial space on the ground floor of the development.
This project is not the first of its kind in the immediate area. A four-story, 25-unit apartment complex was recently built on 1400 Reeves Street by Canfield Development. On Rexford Drive, two single family homes are being replaced with a 29-unit apartment complex.