An Orange County developer has won approval to build 60 townhomes in Compton.
City Ventures, based in Irvine, got the go-ahead from the city to build the townhome-style condos at 930 West Compton Boulevard, Urbanize Los Angeles reported.
Plans call for the redevelopment of a long-vacant, 2.5-acre property to be replaced with three- and four-bedroom homes, private streets, sidewalks and parking areas.
Conditions of approval require 10 of the homes be reserved for sale to moderate-income households, with the remaining 50 units priced at market rates.
Project entitlements include a general plan amendment and a conditional use permit.
City Ventures, which redevelops underused real estate in coastal cities, is building other homes in south Los Angeles County.
The firm filed plans to build a 133-unit townhouse complex within a swath of industrial properties in Commerce.
It also filed plans to build 56 townhomes in North Long Beach, and has joined a consortium of builders to develop 344 condos and apartments on a long vacant supermarket site in Whittier.
In Compton, Orange County-based Olson Homes has filed plans to build 57 condos on Central Avenue, including 10 homes set aside for low-income families.
– Dana Bartholomew
The post City Ventures to build 60 townhomes in Compton appeared first on The Real Deal Los Angeles.
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