By JACQUELINE FERNANDEZ
HIGHLAND PARK — York Boulevard is getting a new retail and residential project in a rapidly gentrifying area. The 7,200 square-foot mixed-use property will be built on the northwest corner of York Boulevard and Nolden Street.
The two-story building with subterranean parking will have 22 apartments above ground floor commercial space. Rent prices are still unknown; final rent projections are still in the works, said Julian Torkan, the CEO of Madison Capital Group. There will be some low-income units but Torkan did not provide any additional details.
The retail portion will be rented to local restaurants, cafés, and other kinds of shops. The designers behind the project is Vanos Architects.
The project is expected to be completed by late 2018 or early 2019. City records indicate several demolition and construction permits are pending.
Jacqueline Fernandez is a Los Angeles-based reporter who’s written for various media outlets such as Los Angeles Wave, The Miami Herald and WLRN-Miami Herald News.
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