Plans by Spokane, Washington-based SRM Development for a 145-unit senior housing project in Studio City will go before the Studio City Neighborhood Council Land Use Committee Wednesday evening, according to the neighborhood group’s meeting agenda.
The new development would take shape at the northeastern corner of the intersection of Colfax Avenue and Ventura Boulevard and hold 129 senior assisted- and independent-living units in a five-story building at 11611 – 11695 Ventura Boulevard and 4010 – 4028 Colfax Avenue. Plans also call for 25 licensed memory-care guest rooms with up to 28 beds, along with 16 senior independent-living townhomes at the eastern portion of the project site.
All four commercial buildings at the 2.31-acre site, which currently holds office, recording studio, retail and restaurant, and automotive sales and repair uses, would be demolished, plans show.
The development team is seeking approvals for an approximately 77-foot maximum height to the top of the highest rooftop structure of the main building in lieu of a 45-foot maximum height otherwise permitted, according to the Studio City Neighborhood Council agenda.
At the time it filed application documents for the Studio City project, SRM was in escrow to acquire the five-parcel project site from a pair of companies managed by Beitler Commercial Realty Services President Barry Beitler.
Led by Seattle-based project architect Urbal Architecture, designs for the planned Ventura Boulevard development also call for about 12,000 square feet of common open space that would include an approximately 4,000-square-foot publicly accessible pocket park, among other features.
The project would provide 118 automobile parking spaces and 44 bicycle spaces.
