Related California and the Weingart Center Association are moving toward finishing 700 units of supportive affordable housing in downtown Los Angeles.
The Irvine-based developer and L.A.-based nonprofit are constructing a 12-story highrise for homeless residents at 554-562 South San Pedro Street, near the Weingart headquarters, Urbanize Los Angeles reported.
This tower marks the third in their series of large supportive apartment buildings at 6th and San Pedro streets. All in all, the three skyscrapers — which would utilize federal Section 8 Housing vouchers — could end up costing federal taxpayers more than $1 billion.
The latest project, dubbed Weingart Tower 2, will contain 104 affordable apartments targeted for very low-income residents, and a manager. Each unit will have kitchens, private bathrooms and laundry facilities.
Designed by locally based Large Architecture, the sage- and beige-colored building will contain a rooftop deck, lobby and a ground-floor “amenity space” and parking for two cars.
The project follows the completion of two high-rise supportive housing developments by Related and Weingart on two sites next door.
They include a 19-story, $160-million tower that opened in 2023 at 555 South Crocker Street and a 17-story tower that opened last year at 600 San Pedro Street. The two buildings, which contain nearly 600 homes, are the largest supportive housing developments in Los Angeles.
Weingart and Related have also broken ground on a seven-story 335-unit affordable housing complex known as Alveare apartments at 1405 South Broadway.
The Weingart Center for the Homeless, founded in 1983 by real estate developers Ben and Stella Weingart, offers services to homeless residents. It operates four interim homeless shelters with a fifth in the works. It also either operates, leases or plans to build 11 permanently supportive housing complexes across Los Angeles, according to its website.
Related California, a unit of New York-based Related Companies founded by Bill Witte, has in 37 years built more than 21,000 residential units across the Golden State, according to its website. The firm is working on another project with Los Angeles-based McCourt Partners to develop a 41-story office and hotel tower in San Francisco.
– Dana Bartholomew
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