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LA Metro Teams with Trammell Crow for NoHo Residential Project
The Los Angeles County Metropolitan Transportation Authority has formed a joint development agreement with NOHO Development Associates LLC, an affiliate of Trammell Crow Co. (TCC) and High Street Residential, on a transit-oriented mixed-use project in North Hollywood, reported LA Business First. To be located above Metro’s North Hollywood Station, District NoHo will be the largest residential project to date for Metro.
District NoHo will be a 12-acre mixed-use project bringing low-income housing, retail, office and open space. More than 1,400 apartments are proposed, a tally that would be the biggest in terms of affordable homes and total units for the transit agency.
Phase I entails building 570 mixed-income apartments, reserving at least 310 housing units for renters earning less than 60% of the median income in Los Angeles County and 5% for moderate-income households, LA Business First reported. Up to nine phases are planned, according to TCC.
Rendering courtesy of HKS Architects.
- ◦Development
