70-Unit Crenshaw District Plans Get Approvals

SoLa Impact's plans call for a five-story building with studios and one-bedroom apartments
Named Crenshaw Lofts, the proposed project is a product of developer SoLa Impact's $1 billion Black Impact Fund
The Park Mesa Heights development would total more than 200,000 square feet of new construction
The South Los Angeles community would include more than 20 units reserved for extremely low-income households
Developer SoLa Impact can move forward with approvals for a 50-unit affordable housing project in Exposition Park
The five-story development will rise in an Opportunity Zone census tract covering the corner of South Western Avenue and West 42nd Place
The South Main Street project will include 18 apartments set at below-market-rate rents
Each of the 70 units would be less than 400 square feet in size, plans show
Developer SoLa Impact is looking to move forward with a 50-unit affordable housing project with zero parking spaces
The proposed project would utilize TOC incentives including a 15-foot height increase
The project site is owned by an affiliate of Sola Impact and located in the burgeoning Beehive business campus
Named Triple Main, the project would set aside 20 of its 84 units for low-income households
The project, which is in an Opportunity Zone, will rise to a max height of 56 feet

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