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Developer to Turn Retail Buildings into Workforce, Affordable Housing in LA

Alliant Strategic Plans 330 Units in Van Nuys
Alliant Strategic Development plans to turn the retail building at 7062 Van Nuys Blvd. in Los Angeles' Van Nuys neighborhood into workforce housing. (CoStar)
Alliant Strategic Development plans to turn the retail building at 7062 Van Nuys Blvd. in Los Angeles' Van Nuys neighborhood into workforce housing. (CoStar)
By Jacquelyn Ryan, Cara Smith-Tenta
CoStar News
November 20, 2020 | 1:59 AM

An affordable housing-focused developer has acquired four retail buildings in Los Angeles' San Fernando Valley that it plans to redevelop into workforce and low-income housing, a critical need in the region that attracts renters looking for lower-cost rates.

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