Hope on Hyde Park – Aedis Real Estate Group Breaks Ground on Transitional Housing Project in Los Angeles
May 7, 2021
Aedis Real Estate Group has broken ground on a 60k sf, affordable, transitional housing community in Los Angeles. The project, Hope on Hyde Park, is a five-story residential community located on a .49-acre site at 6501 Crenshaw Blvd, along the Crenshaw Corridor – a low-rise commercial passageway in the Crenshaw neighborhood.
Constructed from locally fabricated modular building units and comprised of 98 steel modular units, the community is designed to be a modern and affordable transitional housing solution for the chronically homeless that provides full wrap around services. The project is being built by C.W. Driver Companies, with completion estimated for summer 2022. KTGY is the architect for the development.
With the goal to create a community that provides residents with privacy and safety as well as a deepened sense of community, Hope on Hyde Park will be constructed around a central courtyard, feature outdoor community space, and provide access to the new K Line, an 8.5-mile light rail that connects the Crenshaw district to Leimert Park, the City of Inglewood and the Los Angeles International Airport. The community will include onsite parking for social services staff, bike storage for residents, residential and support services, and ground-floor retail featuring floor-to-ceiling glazing along the amenity spaces. Hope on Hyde Park aims to engage the local community and create more movement along the pedestrian-friendly¬¬ corridor.
Hope on Hyde Park will include studio and one-bedroom options ranging from 400 sf to 480 sf and are supported by the Los Angeles County Department of Health Services and the nonprofit, Brilliant Corners. Units will feature a modern design, including hardwood flooring, contemporary furniture and floor-to-ceiling windows that provide residents with outdoor views and ample access natural light. The Hope on Hyde Park community was recently recognized by the American Institute of Architects, Orange County as a Design Honor award winner in the affordable housing category.
“At Adeis Real Estate Group, we believe that it’s a basic human need to have a safe and secure home, and our team is committed to perfecting this modular solution that we trust is critical to helping solve California’s housing crisis,” said Scott Baldridge, president at Aedis Real Estate Group. “Hope on Hyde is not a one-off project, but rather will serve as an innovative and replicable model that helps deliver housing quicker and more efficiently to communities in need. We have recently completed our first project, Hope on Alvarado, and have two others that are under construction, Hope on Broadway and Hope on Avalon.”