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4/29/24
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Meta Housing Corp has broken ground on a new 238k square-foot, seven-story affordable housing apartment complex in the western San Fernando Valley community of Woodland Hills. The project is being built by R.D. Olson Construction.
The project’s green light was fast-tracked using Los Angeles Mayor’s Executive Directive 1, which is designed accelerate the approval of qualifying affordable housing projects. The LEED-certified complex will offer units to families earning between 30% and 80% of the area median income, with restrictions for affordability to stay in place for 55 years.
The new development, known as The Alcove, is located at 21300 W. Oxnard St, north of the 101 Fwy and west of De Soto Ave. The community is near Pierce College and Topanga Westfield Mall. The first phase of construction will offer 173 units ranging in size from 620 sf studios to 1.3k sf, three-bedroom apartments, with completion expected for fall of 2025.
Amenities for residents will include a community room, designated exercise area, storage room for 200 bicycles, tot lot playground and common outdoor areas with barbecues. The first level will be dedicated to parking and management offices, with a 6,000 square-foot courtyard on the third level. Each floor will have its own laundry room and a centralized trash chute system.
Phase two of The Alcove, which is in planning stages, is designed to add 128 more units and will be located on the north section of the 2.25-acre lot. A.C. Martin is the architect, with management from AMJ Construction Management. This is R.D. Olson Construction’s third project for Meta Housing Corp, with previous completions on Lamp Lodge and Stony Oaks affordable housing developments.
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