Plans are being made for the construction of Crescent Heights high-rise apartment at 3100 Wilshire Boulevard in Koreatown, Los Angeles. This was announced by Crescent Heights, a Miami-based developer. Thus far the plan has been submitted for approval to the Los Angeles Department of City Planning.
The newly proposed development will rise from a plot of land at 3100 Wilshire Boulevard. The site has been home to a three-story commercial building since 1939. Crescent Heights plans to renovate the exterior of the existing structures as well as nearly two-thirds of its interior.
This will make room for the construction of a new 34-story tower with 297 apartments. The units will be above a 410-car garage on six subterranean levels and seven above-grade levels.
At the same time, the company will demolish rear-facing portions of the building and an adjacent parking lot.
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About the Crescent Heights high-rise apartment at 3100 Wilshire Boulevard
3100 Wilshire was designed by Hartshorne Plunkard Architecture. According to the plans, the tower will reach an altitude of around 393 feet. Its bulk is set back from the street behind the current front. Similar to above-grade parking, which would be mostly hidden by the existing building and topped by an amenity space on the seventh story. At the roof level, there would be additional public areas for occupants.
In order to allow for a higher density than would otherwise be permitted on the property, Crescent Heights is pursuing entitlements under the Transit Oriented Communities incentives. 33 of the intended studio, one, two, and three-bedroom apartments will be reserved for rent as extremely low-income housing in return. The current building, which is eligible for listing in the California Register of Historic Places, is situated where Ruben Shettler’s former residence originally stood.
Shettler was a millionaire who is credited with creating the friction clutch. Later, commercial buildings were added to the property, and eventually, the three-story building that is still there today.
