Olson Homes plots waterway-adjacent multifamily project in San Gabriel

by TRD Staff

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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