Project OKd Near Metro Rail Station
The Los Angeles Community Redevelopment Agency has approved plans for an $8-million residential and commercial project near North Hollywood’s Metro Rail subway station, reinforcing the city’s effort to establish transit-oriented projects.
The mixed-use development, approved by agency commissioners Thursday, would consist of a six-story building with 78 residential apartments and 2,744 square feet of ground-floor retail space at 11049 McCormick St.
Developers envision seven studio units, 37 one-bedroom units and 34 two-bedroom units, with six units set aside for low-income families. Other amenities would include a swimming pool and gym, said Craig D. Jones, president of JSM Construction Inc., the project’s developer.
The project must win approval from the Los Angeles City Council before construction can begin, Jones said.
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