Plans call for the construction of a nearly 106,000-square-foot structure featuring 140 apartments – including 136 deed-restricted affordable units and four managers units – with on-site supportive services 4,065 square feet of retail space to be used as an art studio and a cafe. The project would also include somewhere between 395 and 436 parking spaces, which would serve tenant needs and replace an existing surface lot used by nearby businesses and beachgoers.
Residents at the proposed apartment complex would include artists and formerly homeless individuals. The units are to be priced at the low- and extremely low- income levels.
Read the Original Article Here: Two Nonprofits File Plans for Mixed-Use Affordable Housing Along the Venice Canals