Affordable Housing Developer Grubb Properties to Build Link Apartments® Solana in East Hollywood

CHARLOTTE, N.C. - April 6, 2023 - PRLog -- Grubb Properties, a North Carolina-based developer, is looking to make a splash in the Los Angeles market by constructing The Link Apartments Solana, a 70-unit, mixed-use apartment complex located on a vacant lot at 1353 North Western Avenue in East Hollywood. This project is one of five Link-branded complexes with 650 units that Grubb Properties plans to build in Los Angeles. The company's goal is to provide affordable, amenity-rich homes and environments in urbanizing locations that are conveniently located near employers, universities, shops, restaurants, and greenways.

Grubb Properties acquired the vacant lot for $3.5 million in mid-2020, with plans to construct a seven-story building featuring 70 apartments above 2,000 square feet of ground-floor shops and restaurants. In addition, the U-shaped building will include a podium-level swimming pool, fitness center, and rooftop terrace. The building will have a gray and white exterior with vertical windows and exterior balconies trimmed in white, black, and yellow.

The Solana apartment complex in East Hollywood is just one of five new developments planned by Grubb Properties as it enters the L.A. market. The company has proposed two complexes with 246 units and 77 units in Koreatown, a 128-unit complex in North Hollywood, and a 151-unit one in Hollywood. Grubb's 246-unit mixed-use complex at 1000 South Vermont Avenue in Koreatown will include a 48,000-square-foot Target store, expected to open in the summer of 2024.

According to Grubb Properties, all five projects are funded with Opportunity Zone investments, and development is being done in conjunction with partners Saiko Investment, Blackridge Ventures, and Allied Urban. As of the first quarter of 2022, Grubb Properties had 5,000 apartments under the Link® Apartments brand.

Clay Grubb, the CEO of Grubb Properties and author of a book on affordable housing, has spearheaded projects in over a dozen cities, including Atlanta and Oakland. The company recently entered the New York market with affordable housing plans in the Financial District and Long Island City. Earlier this month, Grubb Properties purchased an acre site approved for 161 apartments in Berkeley for $10 million, further expanding its reach in the affordable housing market.

In conclusion, Link Apartments® Solana represents Grubb Properties' first venture into the Los Angeles market, and it is one of five Link-branded complexes planned for the city. With its emphasis on sustainability, innovation, and connection, Link® Apartments is committed to creating vibrant communities in urbanizing neighborhoods. With projects underway in various cities across the country, Grubb Properties continues to expand its portfolio and make a positive impact on affordable housing in America.