A Santa Monica-based development company has plans to convert and expand upon a single-family residential property in Silver Lake for a new 13,218-square-foot office and retail project, according to plans posted by the city of Los Angeles this month.
The proposed development is being led by project applicant Redcar and would take shape at 2718 Hyperion Avenue. County property records show that an affiliate of the company acquired the property in 2019 for about $3.45 million from previous owner Tokio Florist, which had operated at the site.
Plans call for converting the 4,154-square-foot single-family building at the property into office space and adding another roughly 9,000 square feet of office and retail space, including a 6,736-square-foot, three-story office building. The project would also entail converting a garage building into a 499-square-foot office building and developing a 980-square-foot retail building along Hyperion Avenue, plans show.
Four accessory structures at the project site would be removed to make way for the planned development.
Construction for the proposed Silver Lake project is expected to begin this year and take 16 months, according to application documents.
Designs are being led by project architect Breland-Harper.
The project would provide 14 automobile parking spaces and space for 24 bicycles.
Plans also call for various vegetated areas throughout the property, including a garden with winding paths, foot bridges, and koi ponds.
An associated pole-mounted commercial sign bearing the Tokio Florist name would be restored as part of the project as well, plans show.
