Health care exec-turned-developer plots another multifamily project in the Valley
Developer Al Leibovic is planning a multifamily development for a parcel in North Hills next to one he built over the past decade. The health care executive filed a new application with the Los Angeles Department of City Planning to replace an existing commercial building at 15242 Parthenia Street with a seven-story building containing 85 apartments, Urbanize Los Angeles reported. Parking for 139 vehicles is also planned for the site. As part of the application, Leibovic aims to designate 14 of the units as affordable, making the project eligible for density bonus incentives to build larger than typically allowed by […]This article originally appeared on The Real Deal. Click here to read the full story.
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