Jamison has filed plans to build yet another multifamily project. Only this time, it’s not in Koreatown.
Capitalizing on a boom in the area, Jamison has requested approvals to build a new seven-story project with 177 units in East Hollywood, according to documents published with the city.
The project would rise at 4632 West Santa Monica Boulevard, currently home to a flea market named Union Swapmeet that offers food, beauty services and other retail.
Last August, Jamison signed a 99-year ground lease at the property for $3.8 million, property records show. An entity called Union Discounts Ltd. is the owner.
The proposed mixed-use tower would also include 5,500 square feet of retail, according to the filing.
A spokesperson for Jamison declined to comment.
For the past few years, developers have become more interested in East Hollywood, a largely undeveloped area that sits between Hollywood and Silver Lake. In November, prolific developer Carmel Partners paid $13.3 million for three lots in the area that are zoned for more than 150 units. Another firm — Little Tokyo Service Center — also recently filed plans to build a mixed-use project with up to 200 units of affordable housing.
Jamison is more active in Koreatown, where the family-run firms owns a multitude of properties. The company recently filed plans to build a new structure with 157 units and 12,000 square feet of commercial space on Serrano Avenue, located just south of the Wilshire Boulevard corridor.