Jamison pivots from hotel to housing with affordable plans in Koreatown
Jamison is changing course on a planned hotel in Koreatown, pivoting from lodging to housing in its latest multifamily effort. The Koreatown-based developer filed an application with the Los Angeles Department of City Planning to construct a seven-story apartment complex at 679 South Harvard Boulevard, Urbanize Los Angeles reported. The developer is looking to build 114 one- and two-bedroom units, all offered as affordable housing. The affordable residences would be split between low- and moderate-income renters. Jamison is seeking streamlined approvals and development bonuses through Los Angeles’ Citywide Housing Incentive Program. Because the development consists entirely of affordable units, the […]This article originally appeared on The Real Deal. Click here to read the full story.
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