IMT Capital is continuing to push ahead with plans to construct a multifamily residential development in Van Nuys, according to an environmental report published by the Los Angeles Department of City Planning.
Slated for a 1.22-acre site at 6500 N. Sepulveda Boulevard, the proposed six-story building would feature 160 apartments - including seven units of affordable housing - above a parking garage for 274 vehicles.
A rendering from the IMT Capital website portrays a contemporary mid-rise structure.
The environmental report points to an approximately 18-month construction timeline, although a groundbreaking date is not clear.
IMT is also behind the proposed redevelopment of the former Sunkist headquarers in Sherman Oaks.
- IMT Capital Plans Multifamily Residential Development... (Urbanize LA)
- ENV-2016-4381-MND (LADCP)