A developer planning to build one of Silver Lake’s largest residential developments in recent years is scheduled to discuss the project with residents during a Wednesday night public meeting. Taag Investment recently began clearing a large parcel at Waverly Terrace and Glendale Boulevard , where the firm plans to build Waverly Terrace, a 60+ unit housing development of three-level homes with rooftop terraces. The developer, which paid $11 million for the property last November, has not said when construction will begin on the property, once the site of the Monte Sano Hospital & Sanitarium. Residents are seeking information as to how the Taag will minimize the noise, dust and other environmental impacts related to construction, said resident Jerome Courshon, who organized Wednesday night’s meeting with some members of the Silver Lake Neighborhood Council. “This is our one chance to meet and discuss, before they begin major operations,” Courshon said in an email.
The Waverly Terrace project is one of three currently taking shape on the north end of Silver Lake. On Rowena Avenue, a Miami-based developer is preparing to build 45 condominiums on the site of the former Coffee Table cafe. Also on Rowena, HeyDay Partners is now building six homes in a project called Buzz Homes.
The Wednesday night (May 23) meeting is scheduled to begin at 7 p.m. at the Citibank community room, 2450 Glendale Blvd.