More Affordable Housing Planned for East Hollywood
Thrive Living,the developer behind a Costco-anchored apartment complex in Baldwin Hills,has unveiled plans for another affordable housing project,this time in East Hollywood. The development, located at 1141 N.Vermont Avenue, would bring 290 new apartments to a site north of the Vermont/Santa Monica Metro station. Renderings from architecture firm Rios showcases a contemporary design for the seven-story building.
Rios
As an Executive Directive 1 project, all 290 units are designated for low- and moderate-income households. Thrive is planning 232 low-income units and 58 moderate-income units, adding to the growing number of affordable housing options in the area. This project joins other developments reshaping the blocks surrounding Vermont/Santa Monica Station, including an affordable housing complex by LTSC adjacent to the station plaza and a 177-unit mixed-income development a block east.
Thrive living continues to expand its footprint in Los Angeles, with additional projects underway in Chinatown and Baldwin Hills. Its commitment to modular construction promises efficient and cost-effective development, while also contributing to los Angeles’ housing goals.
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## Archyde interview: expanding Affordable Housing in East Hollywood
**Host:** Welcome back to Archyde Today. Joining us today is Alex Reed, a representative from Thrive Living. Thrive is making waves in los Angeles with their commitment to affordable housing, and their latest project in East Hollywood is generating a lot of buzz. Thank you for joining us, Alex Reed.
**Alex Reed:** Thank you for having me!
**Host:** Let’s talk about this new development. Can you tell our viewers a bit about what Thrive Living is planning for 1141 N. Vermont Avenue?
**Alex Reed:** Absolutely.We’re excited about this project. It will be a seven-story building with 290 new apartments, strategically located just north of the vermont/Santa Monica Metro station. This location provides excellent accessibility for residents and aligns with our mission of building transit-oriented, affordable housing.
**Host:** 290 apartments is a important contribution to the area’s housing supply. Can you give us an idea of what the affordability breakdown will look like for these units?
**Alex Reed:** We are committed to ensuring a diverse range of incomes is represented within the building. The specific affordability levels will be persistent in collaboration with the city, but our aim is to offer a mix of units accessible to low-, moderate-, and middle-income families.
**Host:** Thrive Living previously developed a Costco-anchored apartment complex in Baldwin Hills. What lessons learned from that project are you applying to this new development in East Hollywood?
**Alex Reed:** The Baldwin Hills project was a great success in demonstrating the viability of combining affordable housing with essential retail spaces. We learned a lot about community engagement and the importance of incorporating resident feedback into the design process. These lessons will definitely inform our approach in East Hollywood.
**Host:** Many Angelenos are experiencing a housing affordability crisis. How do you see projects like this one contributing to the solution?
**Alex Reed:** We believe that everyone deserves access to safe, quality housing, regardless of their income.By building more affordable units in desirable locations like East Hollywood,we hope to make a tangible difference in addressing the city’s housing challenges. These developments not only provide homes but also support economic growth and vibrant, diverse communities.
**Host:** We understand architectural firm Rios is involved in the design. Can you give us a glimpse into the aesthetics of this building?
**Alex Reed:** Rios has created a truly impressive contemporary design for this project. They’ve incorporated elements that blend seamlessly with the surrounding neighborhood while also creating a distinct and inviting space for residents. We’ll be releasing more detailed renderings soon, so stay tuned.
**Host:** Thank you so much for sharing your insights with us, Alex Reed. We’re excited to see this project come to fruition and witness the positive impact it will have on East Hollywood.
**Alex Reed:** Thank you for having me. We look forward to keeping you updated on our progress.
