Los Angeles

Jamison Ditches Market-Rate Koreatown Plan, Adds 147 Affordable Apartments in L.A.

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Published on August 03, 2026
Jamison Ditches Market-Rate Koreatown Plan, Adds 147 Affordable Apartments in L.A.Source: Google Street View

Jamison Services is rewriting the playbook for a long-planned Koreatown apartment site, replacing a mostly market-rate project with a larger income-restricted development. The revised concept would add 27 homes while trimming the parking supply by more than two dozen spaces.

According to Urbanize LA, Jamison previously secured approval for a seven-story, 120-unit apartment building with 127 parking spaces at the site. A new case filed with the Los Angeles Department of City Planning now proposes 147 apartments for low- and moderate-income renters, with 99 parking spaces.

A Larger Affordable Project With Less Parking

The redesign would shift the entire project toward income-restricted housing instead of reserving only 12 apartments for extremely low-income households under the earlier approval. It also marks a notable parking reset, dropping the planned count from 127 spaces to 99 as the project adds more residences.

DFH Architects remains attached to the proposal, which is still envisioned as a contemporary podium-style building. The latest filing represents a new application for the site, not an announcement that the apartments are ready for construction or leasing.

A Third Proposal For A Long-Running Koreatown Site

The Manhattan Place parcel has now cycled through three major development concepts in roughly a decade. An earlier version from Bastion Development Corp. called for 95 apartments, while Jamison’s approved plan later grew to 120 units, as detailed by Urbanize LA’s earlier project report.

Jamison’s pivot comes as the company builds out Arden Residential, its newly announced affordable housing division. In a June announcement, Kennedy Wilson said Arden Residential and its Vintage Housing platform are partnering on a plan to deliver roughly 4,000 affordable homes across Los Angeles through both new construction and adaptive reuse.

For Koreatown, the revised plan would put more deed-restricted housing on a transit-oriented urban site while reducing the amount of space devoted to cars. The next question is how the new proposal moves through the city’s review process—and whether this version finally sticks.