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A new Arts District mixed use development in the works since at least 2014 appears to be moving forward. The Los Angeles Department of City Planning released a draft environmental report for the project this week with more details on what it will include and when new residents might be able to move in.
The seven-story building would rise from a parking lot at the southeast corner of Seventh and Decatur Streets—across the street from the Greyhound station. It’s set to include 122 live-work apartments, along with 3,245 square feet of retail space, 3,555 square feet of restaurant space, and 2,700 square feet of creative offices. An additional 5,885 square feet of “arts and production” space would be made available to residents.
The project’s developer, Elm Tree Investments, will set aside 14 of the units for very low-income residents. In return, the developer will take advantage of reduced parking requirements for the project; current plans call for a total of 132 spaces in a two-level subterranean garage.
If all goes smoothly with the project’s approval process, plans show it could be constructed in about 16 months.
This would be one of many new developments popping up in the rapidly transforming Arts District. Right on the other side of Seventh Street, the Hillcrest Company is retrofitting the former headquarters and packing house of the California Walnut Growers’s Association with plans to add lofts, offices, and retail space to the historic building.