NORMANDIE TERRACE APARTMENTS

Located north of 6th street on Normandie Avenue in the heart of Koreatown, the site is one block north of the Wilshire Normandie Metro Purple Line stop. Due west of the site is the Hancock Park neighborhood. The site straddles commercial and residential zoning creating a great opportunity for high-density residential within walking distance of many urban amenities. Completed in October 2012, Normandie Terrace is a 66-unit family community with one, two, and three bedroom floor plans. The building is certified LEED Platinum, the first in the Housing and Community Investment Department’s (“HCID”) portfolio. It features multiple eco-friendly components including the use of drought tolerant plants and high efficiency irrigation system for landscaping. All of the units feature formaldehyde free kitchen cabinets, granite countertops, hardwood flooring, Energy Star kitchen appliances, low flow toilets and sinks as well as high efficiency low-E vinyl windows. A rooftop solar system also offsets energy costs by preheating the building’s two large boilers. The building, a no smoking zone, also includes a spacious courtyard, terraces, patios, a lobby, on-site laundry, community/computer room, manager’s office, subterranean parking and generous pedestrian circulation.

Developer | American Communities
Location | 540 South Normandie Avenue, Los Angeles
Units | 66
Total Development Cost | $29,031,773
Per Unit Cost | $439,975
Time to Complete | 18 Months
Status | Completed, October 2012
Funding | 9% Tax Credit, CRA/LA, HCIDLA, CDC of the County of Los Angeles
Housing Type | Large Family
Sustainable Features | Awarded LEED Platinum