Plans are underway for the construction of four Alliant development affordable housing units in Los Angeles. This came to light following an announcement that Alliant Strategic Development was seeking US$ 300M for the implementation of the project. Particularly, the 4 Alliant development housing units in Los Angeles will be developed on sites in Canoga Park, Van Nuys, and North Hollywood.
The first proposal plans for the development of a five-story structure to replace an office building from the 1980s at 7322-7340 N. Topanga Canyon Boulevard. The structure will have 149 studio, one-, and two-bedroom apartments above ground-floor parking for 109 vehicles. Hochhauser Blatter is the architect of the proposed development. Alliant Strategic is looking to issue bonds for up to $55.9 million.
The 2nd, 3rd, and 4th developments of the 4 Alliant development housing units in Los Angeles
Additionally, Alliant Strategic Development has obtained authorization for the development of another five-story, 220-unit apartment complex. This will be developed on an approximately 1.2-acre site on Canoga Avenue. The site already has a number of modest commercial buildings. Designed by VTBS Architects, the residential complex in drawings seems like a modern podium-type skyscraper. The developer is looking to issue bonds totaling up to $82 million for this particular development.
Similarly, on an L-shaped property at 7050 Van Nuys Boulevard, Alliant Strategic has proposed building a six-story, 322-unit apartment complex in Van Nuys. The mixed-use structure would also have 184 parking spaces at grade and 4,105 square feet of street-facing retail space.
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Designed by AC Martin, the building is represented in elevation designs as a modern podium-type building covered in painted stucco. Bonds worth up to $144 million are being sought by the developer for the Van Nuys residential building. Lastly, the completed project would be a five-story building with 26 apartments, including four deed-restricted affordable units, at 5633 N. Farmdale Avenue in North Hollywood. For the project’s completion, Alliant Strategic aims to get bonds of up to $14.5 million.
