Echo Park - Plans for a 73-unit development on north Alvarado Street have made it through the L.A. Planning Commission, which approved a project on Thursday that is larger and more dense than would normally allowed.
The five-story mixed-used project at 418-430 N. Alvarado Street - just south of the 101 Freeway - will be approximately 52,000 square feet, including 500 square feet of ground-floor commercial space. The project will also contain 81 parking spaces.
Six of the units will be set aside for low-income tenants for a period of 55 years. As a result, the project was granted a "density bonus" to increase its height beyond the normal 3-story limit.
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