Hollywood developer plans to turn five homes into 32 in latest low-density conversion play
Hollywood is the latest target amid a series of low-density residential buildings being proposed for redevelopment into denser housing. Generation Real Estate Partners submitted an application to the Los Angeles Department of City Planning to replace five rental residences in Hollywood with a five-story building with 32 apartments at 806 North Sweetzer Avenue, Urbanize Los Angeles reported. Two existing duplexes and a single-family home would be demolished to make way for the multifamily housing. The 32-unit building will be designed by Kevin Tsai Architecture and include a rooftop amenity deck. The developer is seeking entitlements including density bonuses through Los […]This article originally appeared on The Real Deal. Click here to read the full story.
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