Crews break ground on 271-unit, mixed-income residential project in DowntownRelease Date: 2019-01-14
By: Brian Addison in Longbeachize
After receiving approval from the Long Beach Planning Commission last June, construction crews have broken ground on an eight-story, mixed-income residential complex at the southeast corner of Seventh Street and Pacific Avenue in Downtown.
Headed by Holland Partner Group, the development will bring 271 units (and 341 parking stalls) to two separate buildings connected by a sky bridge.
Eleven of those units are set aside for those making up to 20 percent above the average median income, commonly called the moderate income household. This is opposed to the federally-defined zone of low income (80-50 percent of average median income), very low income (30-50 percent of the median), and extremely low income (<30 percent of the median). This allotment of units will include four studio units, four one-bedrooms, and three two-bedrooms.
The Pacific Avenue building will be eight stories tall with 194 units, eight of which will be moderate-income units. The Pine Avenue building will also stand eight stories tall and consist of 77 units, three of which will be moderate-income units.
Read more on the Long Beach Post