Olson Homes plots waterway-adjacent multifamily project in San Gabriel
An Orange County developer is poised to boost San Gabriel’s multifamily housing supply as the L.A. County city inches toward its state-mandated housing goal. Seal Beach-based Olson Homes is planning to develop a vacant lot at 824 South Gladys Avenue with 80 residential units and 165 parking spaces, Urbanize Los Angeles reported. The developer is seeking a density bonus in exchange for designating four units, or 5 percent, for very-low-income tenants. The building would consist of one-, two-, three- and four-bedroom units across several three-story buildings centered on a shared open space. The development site is on the banks of […]This article originally appeared on The Real Deal. Click here to read the full story.
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