Rose Equities and Garden Communities have gained approval to build 272 apartments in Torrance.
The Beverly Hills- and San Diego-based developers got the nod from the Torrance City Council to build a four-building complex at 2325 Crenshaw Boulevard, Urbanize Los Angeles reported.
It will replace a single-story, 60,800-square-foot office building now occupied by the Los Angeles County Department of Children and Family Services.
The 5.5-acre development, dubbed Torrance Del Amo, will include four buildings of four or five stories with 272 studio, one-, two- and three-bedroom apartments. The homes would be built atop a two-level garage for 467 cars.
The developers employed density bonus incentives in exchange for 28 affordable apartments set aside for very low-income households.
The project, designed by Santa Monica-based Moore Ruble Yudell Architects & Planners , will have four lines of apartments separated by courtyards. The brown and beige project includes a swimming pool, according to renderings.
Three-story complexes will line the north side next to single-family homes, while five-story complexes would line the south side along commercial Sepulveda Boulevard.
“Lantern-like gable roofs and syncopated balconies contribute to the village-like feel,” according to a project description. “The buildings are clad in white plaster and stone, with louvers that shade balconies.”
Construction is expected to take 30 months.
Rose Equities is also developing a larger project, with more than 1,000 apartments in Costa Mesa, according to Urbanize.
In November 2022, Rose Equities and Garden Communities paid $71 million for the former site of a Renaissance Hotel in Westchester County, New York, with plans to redevelop it into a 760-unit luxury apartment complex.
Garden Communities is the property management arm of the Wilf family’s New Jersey-based Garden Homes. The family patriarch, Zygi Wilf, runs the NFL’s Minnesota Vikings, and engineered a controversial taxpayer-funded covered stadium for the team in Minneapolis.
In 2017, an associate by marriage of the Wilf family died before being accused of a mass shooting at the family-built La Jolla Crossroads apartment complex in University City in San Diego, the San Diego Reader reported.
— Dana Bartholomew
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