project is approved. This project is a multi-family development package that is located in the heart of NOHO and is walking distance from the Red and Orange Metro Lines. A 15-unit development site with Permitted Plans and Utility hookups already on site. The project consists of 3 large penthouse loft style 1bed/ 1.5baths, 10 1Bed/ 1Bath lofts, and 2 studios lofts.The project consist of 13 loft style 1bed/1.5 bath and 2 studios lofts. The Property utilizes SB 1818 and AB744 to build by right (15Units/ 9 Parking) 2 are low income units.This project is a 15-unit multi-residential building, 3 stories over 1story on grade garage & 1 level subterranean garage with a 35% Density Bonusand 2 units (11% of base density of 11 units) for a Very Low IncomeHousehold, using parking option AB744. Project is unique in that it issituated in the heart of North Hollywood Redevelopment area as designated bythe CRA and within its jurisdiction. Project is approximately 1,000 feetfrom the North Hollywood subway stop, providing future residents a efficientand viable means of public transportation. Retail shops, restaurants, andgrocery stores are also within same approximate distance for true pedestrianinfrastructure. Project is architecturally unique not only in its cleanmodern loft design
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