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Wednesday, Dec 18, 2024

L.A. Rising: Glendale

Located in the southeastern San Fernando Valley, Glendale is the fourth most populous city in Los Angeles County with just under 200,000 residents. The area is a popular tech hub but is also seeing lots of development across all asset types, including a new Armenian American Museum under construction and a proposed reimagined Verdugo Wash. Multifamily in particular has been a hot asset class for Glendale. The city currently has 596 units under construction, according to Colliers, many of which are affordable.

Erewhon

Location: 520 N. Glendale Ave.

Description: Erewhon is transforming an existing 24,000-square-foot hardware store the upscale grocer purchased for $12.4 million earlier this year into a multi-tenant building. It will occupy approximately 18,000 square feet and leave room for at least one other complimentary tenant.

Developer: Erewhon

Architect: RDC

Completion Date: Q4 2025

Armenian American Museum and Cultural Center of California

Location: 151 E. Colorado St.

Description: The Armenian American Museum is currently under construction at Central Park. The museum will share the Armenian American experience. It is expected to be unveiled in the first quarter of 2026.

Developer: Armenian American Museum and Cultural Center of California

Architect: Alajajian Marcoosi Architects

Completion Date: Q1 2026

515 Pioneer

Location: 515 Pioneer Drive

Description: 515 Pioneer is a five-building affordable housing complex that sits on a 2.8-acre site northwest of downtown Glendale. The 340-unit complex will be reserved for seniors aged 62 and up and small families, earning between 30% and 80% of the area’s median income. It is one of the largest affordable housing projects in California.

Developers: LINC Housing and National CORE

Architect: KFA Architecture

Completion Date: Q4 2025

Citrus Crossing

Location: 900 E. Broadway

Description: Citrus Crossing is a five-story project featuring 127 units of 100% affordable housing for seniors ages 62 and up. It will have a mix of studios, one-bedroom units and a two-bedroom manager’s unit above two levels of subterranean parking with 92 stalls. The $60 million project is nearly complete, with its opening scheduled for Sept. 17.

Developer: Meta Housing

Architect: AC Martin

Completion Date: Q3 2024

Harrower Village

Location: 920 E. Broadway

Description: Harrower Village is a 40-unit, 100% affordable senior housing project. The project is an adaptive reuse and preservation of the historic Harrower Laboratory complex, a medical complex most recently occupied by Tobinworld, which vacated the site in late 2019.

Developer: Adobe Housing

Architects: Omgivning, KFA Architecture and AC Martin

Completion Date: Q3 2024

Hotel Indigo

Location: 523 N Central Ave.

Description: Hotel Indigo is the only hotel currently under construction in Glendale. The seven-story building will encompass 147 guest rooms, a pool deck, a fitness room, meeting rooms as well as a 137-car garage. The project was approved in 2020 by the Glendale City Council. It will replace a shuttered Burger King.

Developer: VK Group

Architect: AC Martin

Completion Date: Q4 2025

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