By Isabel Sami – Staff Reporter, L.A. Business First
Nov 10, 2022
Los Angeles multifamily developer Cityview is making progress on Liv on Pico, a 123-unit workforce housing project in Mid-City.
Construction began on the transit-oriented development in 2020 and is slated for completion in spring 2023, with leasing activity set to begin by summer 2023. Liv on Pico has created more than 500 jobs and will add much-needed housing to Mid-City. The project, built to LEED Silver standards, will set aside 13 units labeled as “affordable housing” and will offer studio, one- and two-bedroom floor plans.
The project has curated resident amenities, with a garden courtyard, outdoor movie theater, pet park, rooftop swimming pool and spa, outdoor dining and Korean BBQ station, as well as an outdoor fitness deck with a rock-climbing wall, expansive indoor fitness center, resident lounge and a tech-enabled co-working space.
Located at 5935 W. Pico Blvd., Liv on Pico is in an area built in the 1920s as a center for art and commerce, surrounded by museums such as LACMA and the Page Museum, bars, restaurants and cultural spots. The developers said that the project draws inspiration from the nearby museums on Miracle Mile, “with artistic features that create a gallery feel.”
Sean Burton, CEO of Cityview, said the new development will meet demand in a market with little supply.
“Liv on Pico will fill a severe gap in housing supply near Carthay Square, a highly walkable area featuring ample employment opportunities that is one of the most vibrant cultural centers in Los Angeles, making it an ideal fit for Cityview’s investment strategy,” he said.
Cityview revealed the project’s name in an original poem by L.A. organization Street Poets at an event held to announce the project’s official title. Representatives from Cityview, WPIC Construction, architecture firm Togawa Smith Martin and Nadia Geller Design attended the event.
The firm has a number of projects under development, including a seven-story mixed-use development near USC and a waterfront residential redevelopment in Oakland.