A company registered at the office address of Seattle-based Housing Diversity Corporation has filed plans for an eight-story, 227-unit micro-housing project in Downtown Los Angeles, according to a case file opened Thursday by the city’s planning department.
Slated for a 15,020-square-foot surface parking lot at 1411-1419 S. Flower St., the 105-foot-tall project would feature 224 307-square-foot studio apartments and three 374-square-foot ground-floor live/work units. Per Tier-4 project incentives under the city’s transit-oriented communities program, 25 units, or 11 percent of the total, would be set aside for extremely low-income households. The Flower Street project plans also call for no parking, as is allowed of Tier-4 projects.
The project would be HDC’s third in Los Angeles, following approvals for its 151-unit project at 1317 S. Grand Ave. and its 69-unit project at 1621 North McCadden Place, the latter of which is under construction.
Listed as the project applicant for 1411 South Flower is STS Construction Services, a general contractor with offices in Seattle and Los Angeles. Also involved in the project are architecture firm Steinberg Hart, landscape architect Tina Chee Landscape Studio, and land-use consulting firm Irvine & Associates.
A developer-affiliated entity named 1411 S. Flower QOZB LLC acquired the two-parcel project site, which is in federal tax-advantaged Opportunity Zone census tract, in September for $8.6 million, according to project filings.
The 84,217-square-foot project’s amenity package includes a courtyard, 6,049-square-foot roof deck, and fitness center.
The Commercial Observer first learned of HDC plans for another Los Angeles project in December.
