Metro and Los Angeles County staff are proposing to enter a six-month negotiating period with the developer Watt Companies to build 492 residential units and about 47,500 square feet of community-serving space on two parcels at the intersection of Exposition and Crenshaw Boulevards. The development — which includes commercial and retail units — is literally steps away from stations for the Expo Line and the future Crenshaw/LAX Line, which is scheduled to open in fall 2019. Here’s the staff report.
Under the proposal, 73 (or 15 percent) of the 492 residential units, will be affordable units for households earning 50 percent or less of the area median income. The community-serving space is envisioned to include a grocery store and restaurant space targeted for locally-owned and operated businesses. A business incubator-type space would be part of the development, as well as a mobility hub to provide bicycle and carshare connections for Metro riders.
The proposal also includes nearly three acres of public open space that will also host community events. During the six-month period, Watt Companies will offer opportunities to the community to provide feedback on the proposed project. Watt will also seek out a community-based organization who can add additional local participation on their team.
Straight from TheSource….Literally
The abandon parcel of land located on the northeastern side of Vermont and Manchester will be seized and developed into affordable housing, retail, Metro transit plaza, preparatory boarding academy, and a training center. LA Superior Court Judge Daniel Murphy ruled April 26th, that LA County could use eminent domain to seize the land. Judge Murphy stated that owner Eli Sasson wouldn’t lose any rents and has failed to develop on the land. Los Angeles County will take possession of a four-acre property on May 7th. Owner Eli Sasson has left the land undeveloped since the 1992 Civil Unrest. Back in May of 2015, Former Councilmen Bernard Parks proposed a Vermont Entertainment District and even hosted a ground breaking event for the project, the website, of-course has been removed so I’m assuming those plans fell through. I welcome the affordable housing; I think that’s a much better use of the land.
LA County Poised to Develop Vermont And Manchester Project
With the completion of Jefferson Square and Jefferson Park Terrace up in Jefferson Park, decent affordable housing options are finally becoming available for South Los Angeles residents. Two more options nearing completion are the LA Pro II Apartments on Western Ave. (10311 S. Western Ave.), south of Century and Terracina Apartments right next to sheriff department on Imperial and Normandie, up the street from Southwest College. LA Pro II Apts. is a 4-story 14.5 million dollar building, consisting of 63 one-bedroom residential units and one community room built over 24,000 square feet of subterranean parking. The Terracina Apts. will consist of 72 multifamily units within the jurisdiction of the Housing Authority of the County of Los Angeles. The one-, two- and three-bedroom apartment units will provide contemporary living for residents with patios overlooking the large landscaped park, storage space, modern kitchens and bathrooms. Both projects are wrapping up construction. LA Pro II Apts should be moving people in at the begin of November. To obtain rental info on both projects you must visit the actual projects, the leasing offices are in the back of the projects.