159 unit condo development, 8 live/work units, 8 very low income units
Contract Overview
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AI Contract Overview
The City of Monterey Park is forecasting a residential development project consisting of a 159-unit condominium complex located at 601 Potrero Grande Drive and 2100 Saturn Street in Los Angeles County. The development will include eight live/work units and eight very low-income affordable units, covering Assessor Parcel Numbers 5265-025-055, 056, and 058. The project falls under NAICS code 236116 for residential building construction. The project is represented by the Olson Company, with Steve Armanino serving as the project applicant and Timothy Hou, the Director of Community Development, acting as the lead agency contact. A Notice of Exemption was filed on June 18, 2026, stating that the project is exempt under Public Resources Code section 21080.66 due to its size, urbanized location, and the absence of historic structure demolition. No specific contract value, performance period, or formal award criteria have been disclosed in the available documentation.
General Info
Agency
NAICS
Place of Performance
Monterey Park, CA, 91754Set-Aside
Timeline
Organization & Contact Information
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