The proposed project involves demolition of 2 one-story commercial buildings, a surface parking lot, and a billboard for the construction of a 23-story mixed use building (268.5 ft in height), which includes 644 residential units, 10,000 sf of neighborhood serving retail space, and 5,500 sf of restaurant space. A total of 1,124 parking spaces would be provided on site in the 6 above grade parking levels. The proposed project would provide a total of 724 bicycle parking spaces, which includes 72 short term and 652 long term spaces. The project proposes to provide 64,440 sf of open space and amenity areas. The proposed project would include 657,514 sf of developed floor area resulting in a floor area ratio of 5.1:1. The allowable FAR for the project site is 6:1. The applicant is requesting the following discretionary actions: 1) site plan review and 2) a 10% reduction in total open space pursuant to LAMC Section 12.21.G.3. The applicant will also request approvals and permits from the Dept. of Building and Safety (and other municipal agencies) for project construction activities including, but not limited to, the following: excavation, shoring, grading, foundation, haul route (for the export of approx. 76,441 cy of soil), the removal/replacement of 22 street trees within the public ROW, and building and tenant improvements for the project site.