The $2 billion project will replace the existing 1,187 units with 4,400 new units,and add 300,000 square feet of retail and commercial space. Nine acres of publicly accessible open space are also included in the plan.
Working with developer Fifteen Group Land and Development,LLC,Torti Gallas + Partners is designing the redevelopment of Wyvernwood Garden Apartments in the Boyle Heights neighborhood of Los Angeles. The $2 billion project will replace the existing 1,187 units with 4,400 new units,and add 300,000 square feet of retail and commercial space. Nine acres of publicly accessible open space are also included in the plan.
The new development will be designed as a sustainable community and may seek a LEED ND (neighborhood development) rating from the U.S. Green Building Council. Wyvernwood will be transformed as a market-rate apartment complex with 15 % of the units set aside as affordable. With its 24-story apartment towers, recreational facilities, mass transit stops, pedestrian-friendly walkways and increased density, the new development looks to attract Los Angeles’ emerging middle class.
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