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Urbanize LA
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After three years of quiet, a proposed high-rise apartment tower from developer Walter N. Marks, Inc. is once again moving forward in the Mid-Wilshire area. In late August, the Los Angeles Department of City Planning released an initial study for the Mirabel development, which would replace a 1930s commercial building located at 5411 Wilshire Boulevard. Plans call for a new 42-story tower which would feature 348 studio, one-, and two-bedroom apartments above parking for 309 vehicles. The project's entitlement application relies on density bonus incentives to more floor area than otherwise allowed by zoning rules. In exchange, plans call for 29 apartments which would be set aside for rent as very low-income affordable housing. Keating Architecture is designing the 5411 Wilshire, which is shown with a glass exterior and an amorphous form rising approximately 530 feet in height. See more at Urbanize LA Renderings via @keatingarch_ #losangeles #realestate #development #construction #architecture #urbanizela #urbanplanning #mirabel #mirabelonwilshire #keatingarchitecture #walternmarks #midwilshire #miraclemile #5411wilshire #skyline #laskyline #losangelesskyline #wilshireblvd #tower #mixeduse #apartments #staples