City and transit officials will gather Thursday in East Hollywood to mark the opening of a new affordable housing development built on Metro-owned land next to a major subway station.
Metro is partnering with Little Tokyo Service Center to unveil the Santa Monica Vermont Apartments, a transit-oriented complex designed for low-income households.
The development is located at 1021 N. Vermont Ave., adjacent to the Metro B Line’s Vermont/Santa Monica station at the intersection of Vermont Avenue and Santa Monica Boulevard, according to Metro officials.
City Councilmember Hugo Soto-Martinez is expected to attend the event along with other local officials, housing leaders and project partners.
Metro officials said the project is part of the agency’s broader effort to build 10,000 housing units on its properties across Los Angeles County by 2031, with at least half reserved as income-restricted housing.
“Metro’s approach to Transit Oriented Communities and Joint Development is rooted in the principle that communities are stronger when people have a diverse range of housing options, jobs and services located near high-quality transit,” Metro said in a statement.
The agency’s joint development program partners with nonprofit and private developers to build housing and mixed-use projects on land owned by Metro.
Officials said the Santa Monica Vermont Apartments will provide residents with direct access to rail and bus service, helping connect them to jobs, services and other parts of the region while making use of previously underutilized land.
The Little Tokyo Service Center has provided social services and community development programs for more than 45 years, focusing on supporting underserved communities across Southern California, according to the organization.