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NoHo Moderno Completes 25 Apartments on Hartsook Street

NoHo Moderno Completes 25 Apartments on Hartsook Street

North Hollywood, CaliforniaSource: Urbanize LA
MarketsZoning

Construction is complete on NoHo Moderno, a multifamily project in North Hollywood just off Lankershim Boulevard. Pyramid Development Group developed the site at 11013 Hartsook Street, where it demolished a four-unit apartment building and built a podium-type structure. The building holds 25 studio, one-bedroom and two-bedroom apartments above parking for 13 vehicles.

The project was entitled using Transit Oriented Communities incentives, which allowed a larger building than the base zoning would permit. In exchange, three units are reserved for extremely low-income households. Architect Sam Aslanian describes a design with contrasting dark gray and white exterior planes, metal siding, recessed balconies and façade offsets. The upper floors step back from Hartsook Street, and the entrance is double height. Amenities include a rooftop deck and a fitness room.

According to Aslanian, 20 of the 25 units were leased after the property received its certificate of occupancy in August. A larger multifamily building is also under construction on a neighboring site.

For developers and lenders, the project shows how TOC incentives can add density near transit while tying the added units to affordability set-asides.

Topics

extremely-low-incomehartsook-streetlankershim-boulevardnoho-modernonorth-hollywoodpyramid-development-grouptoc-incentives

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