Details emerge on Wellpointe’s $2B affordable senior housing plan in Woodland Hills

by TRD Staff

Wellpointe’s planned $2 billion affordable senior housing project in the San Fernando Valley is coming into focus.  The assisted-living developer is securing entitlements for Viva L.A. Warner Center, a nearly 3,500-unit project slated to rise in four towers at 6400 Canoga Avenue in Woodland Hills, L.A. Business First reported.  The project will span 2.2 million square feet on a 4.7-acre site and be open to seniors making 30 to 80 percent of area median income, defined in Los Angeles County as between $22,695 and $60,250. Part of the development includes roughly 61,450 square feet of non-residential floor area and parking […]

This article originally appeared on The Real Deal. Click here to read the full story.

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