Vacant Walgreens in Reseda to be converted into 290 mixed-income apartments
A developer is looking to replace a shuttered Walgreens in Reseda with nearly 300 apartments. Ariel Namvar of Park Sherman LLC has filed an application with the Los Angeles Department of City Planning to demolish the decommissioned pharmacy building and construct a seven-story building with 290 apartments at 18340 Sherman Way, Urbanize Los Angeles reported. The property, which boasts an accompanying surface parking lot, has been vacant since 2023. Namvar is seeking entitlements including density bonus incentives to erect a taller structure than normally allowed by zoning laws. The developer will designate 44 units for very low-income and moderate-income households […]This article originally appeared on The Real Deal. Click here to read the full story.
Categories
Recent Posts
H3O uses "playful and intelligent gestures" to update historic Barcelona home
Where Does Naomi Osaka Live?
Echelon Studios taps NBCUniversal exec ahead of Hollywood campus opening
An Inside Look at the U.S. Open’s Exclusive Blue Room
Serena Williams’s Multimillion-Dollar Property Portfolio Will Give You Serious House Envy
Lauri Design Studio renovates "calm, connected" Michigan lake house
Pricemaxxing means price slashing in LA
This Designer’s Oceanfront Ibiza Retreat Captures the Island’s Maximalist Side
Developer buys West LA single-family homes, plans 100-unit affordable housing redevelopment
CA cities hit with SB 79 lawsuits after allegedly dragging feet on transit-oriented development
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
26895 Aliso Creek Rd, B-603, Aliso Viejo, California 92656, USA