Alliant Breaks Ground on 4 Workforce Housing Projects in LA

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Alliant Strategic Development is adding more than 700 units of workforce housing to the tightening Los Angeles County housing market. Part of the new collection of apartments will be affordable housing units.

The firm broke ground on four communities throughout the San Fernando Valley submarket of Los Angeles recently, expecting to complete construction on the projects by the first quarter of 2025.

Alliant tapped VTBS Architects to serve as architect, while Westport Cos. was hired as general contractor. The firm also secured bonds issued by the California Municipal Finance Authority and California Housing Finance Agency to help bankroll the residential developments.

The 727-unit portfolio was designed as workforce housing, with Alliant expected to set the average rent at 90 percent of the area’s median income. The firm will also restrict 144 of the units to those making 50 percent or less than the area’s median income.

Properties in the portfolio include the 220-unit Sync on Canoga that will offer only one-bed units and the 149-unit Pendant on Topanga that will have studio, one- and two-bed apartments, as well as the 332-unit Vose that will feature studio, one- and two-bed units and the 26-unit Cadence at Noho that will have one- and two bed apartments.

According to Alliant, the communities’ units will each have stainless steel kitchen appliances, stone countertops and in-unit washers and dryers. While the amenities will differ between communities, Alliant is looking at including fitness centers, rooftop decks, electric vehicle charging stations, pools, outdoor lounge areas, and dog parks with washing stations. All four of the communities will be built in Opportunity Zones and will be transit-oriented developments within walking distance of mass transit.

Eddie Lorin, founder & CEO of Alliant Strategic Development, said during the groundbreaking ceremony that most of the new development in Los Angeles and throughout the country is meant for high-end earners who only represent a small percentage of renters. Instead, Lorin wants to set an example with these four communities that it’s possible to deliver new Class A residential product without putting an economic burden on working class renters.

Calabasas, Calif.-based firm Alliant has several California residential projects under development or construction in the cities of Murrieta, Bay Point and West Sacramento and is also constructing a 501-unit community in Las Vegas.