475 Apartments May Be Built Near Row DTLA

668 South Alameda St, LA
Google Maps

Developers are continuing to flock to the Arts District.

AvalonBay Communities has filed plans with the LA City Department of Planning to build 475 live/work apartments on 3.8 acres at 668 South Alameda St.

To make way for the project, a cold storage warehouse at the site would have to be torn down. The project would include 5% of the apartments set aside for affordable housing.

The project would also include nearly 45,500 SF of commercial space and 703 parking spots, according to Curbed.

The property was marketed by CBRE as the "last remaining sizeable development site in the neighborhood."

The project, filed by AvalonBay SVP Mark Janda, would be close to the 30-acre Row DTLA, which will include 1.3M SF of office space, about 100 stores, more than a dozen restaurants and a 4,000-car parking garage. [Curbed]

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Los Angeles Newsletters
Related Stories

McKinney Approves $21M In Funding For Cannon Beach Surf Resort

Bugatti Lends Brand To 60-Story Miami Condo Tower

Stockdale Hires Fortress Exec To Launch Debt Business

1375 Peachtree: A Bespoke Design Redefining The Midtown Atlanta Workspace

With Occupancy Brimming, Investors Pile Into Bay Area Apartments

DivcoWest Sells Glendale Office Building For $70M

FBI Drops Investigation Into Financially Troubled StoryBuilt

GTIS Partners Rebrands As Brightshore Capital, Launches $250M Debt Platform

Dublin BTR Had A €1B Summer

Daniel Negari Buys Downtown LA Hotel For $34M

Downtown Atlanta Improvement Group Picks Food Bank Chief As Next Leader

Stockdale Capital Partners, Hamilton Lane Acquire Chino Hills Shopping Center For $157M