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Monday, Nov 4, 2024

Developer Plans 56 Affordable Apartments for Sylmar

A developer has proposed 56 new apartments to be built on a vacant lot in Sylmar at 12663-12667 N. San Fernando Road. According to Urbanize.LA, the property’s zoning would allow for a development up to three stories in height. Meta Housing Corp., a developer of affordable housing which completed a nearby 101-unit mixed-use project last year, requested entitlements include density bonus incentives, in which the developer would be waived from certain zoning restrictions in exchange for providing units geared toward low-income households. Papers were filed with the city of Los Angeles July 18 by Christopher Murray of Woodland Hills-based land-use entitlements and public policy consultation group Rosenheim & Associates. According to the city filing, there is no mention of a projected start or completion date.

Hannah Madans Welk
Hannah Madans Welk
Hannah Madans Welk is a managing editor at the Los Angeles Business Journal and the San Fernando Valley Business Journal. She previously covered real estate for the Los Angeles Business Journal. She has done work with publications including The Orange County Register, The Real Deal and doityourself.com.

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