Two supportive housing developments rise on neighboring sites in Hyde Park
January 11, 2022
On a busy stretch of Crenshaw Boulevard in Hyde Park, construction is in full swing for a pair of mixed-use affordable housing developments.
On a corner lot at 6501 S. Crenshaw Boulevard, HBG Construction Corp. and Aedis Real Estate Group (working together under the banner of Hope Street Development Group) are now assembling the prefabricated modular units of Hope on Hyde Park, a new $40-million development that will feature 96 studio and one-bedroom apartments reserved for formerly unhoused individuals.
Designed by KTGY, the completed building will stand five stories in height. In addition to supportive housing, plans also call for on-site social services and a central courtyard for residents.
Completion is expected in the second quarter of 2022.
The Hope Street and Depot developments aren’t the only new supportive housing on the rise in Hyde Park. A few blocks west on West Boulevard, A Community of Friends broke ground in May on a similar 64-unit housing complex which is also on track to make its debut in 2022.