Santa Monica & Vermont Mixed-Use Retail/Flex 1021 N Vermont Ave 1,300 - 15,300 SF of Retail Space Available in Los Angeles, CA 90029

The Santa Monica & Vermont (SMV) Apartments will be a new construction transit oriented development of two 6-story structures built in one simultaneous phase. The total unit count will be 187- units. This is a mixed use, 100% affordable and permanent supportive housing project done in collaboration with the Los Angeles County Metropolitan Transportation Authority (LACMTA). It is adjacent to and on top of the Vermont/Santa Monica Red Line Metro station in East Hollywood. This environmentally sustainable infill development is a generational opportunity to co-locate affordable housing with transit, jobs, services, and amenities. It will consist of two buildings totaling approximately 170,000 square feet on a 50,000 square foot infill site. Construction type is Type I/Type III combination, with the basement and ground floor being Type IA and Floors 2 through 6 Type IIIA. Residential units will consist of a mix of 63 studios, 75 one bedrooms, 44 two bedrooms, and 5 three bedrooms, with twenty washer and dryer units across two laundry rooms. The ground floor will be activated by approximately 20,000 sq. ft. of commercial and community uses, including a federally qualified health center; community rooms and social service offices; and commercial spaces prioritizing the tenancy of local legacy businesses. There will be about 20,000 sq. ft. of open space, including a dining terrace opening up to the Metro Public Plaza, as well as a private courtyard and backyard patio for potential use as resident gardens, barbecue space, and/or multipurpose programming. There will be 41 spaces in a subterranean parking structure along with 14 bike stalls. This will be an environmentally sustainable, LEED certified infill development adjacent to the Vermont/ Santa Monica Metro Red Line station. It will include urban greening components and comprehensive transit improvements and create more opportunities for transit mobility. Through State of CA AHSC transit funds already committed, the project will include new transit related infrastructure.