Construction in the first quarters of fiscal year 2021-22 in Los Angeles has rebounded solidly from the same period last year, according to data reported by the Los Angeles Department of Buildings and Safety (LADBS).
LADBS also reported in its quarterly newsletter on Oct. 14 that the largest project to be permitted between July 1 and Sept. 30 is the $554.1 million addition and interior renovation at existing Terminal 4 at the Los Angeles International Airport.
|
Year-To-Date Statistical Comparison |
|
Construction Indicator
|
FY 2020-21
FYTD – Q1 |
FY 2021-22
FYTD – Q1 |
% Change
|
FY 2021-22
Budget Projections |
| Building Permit Valuation |
$1.6 Billion |
$1.8 Billion |
13% |
$7.3 Billion |
| Number of Permits |
34,692 |
42,245 |
22% |
169,000 |
| Number of Plan Checks |
16,140 |
17,290 |
7% |
69,000 |
| Inspections Performed |
241,309 |
246,062 |
2% |
984,000 |
The top five projects based on construction valuation between July 1 and Sept. 30 are:
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Here is a list of the largest affordable/supportive housing projects permitted during the summer:
| Project Address | Project Affordable/Supportive Housing Units * |
| 555 S. Crocker Street Downtown Los Angeles | 275 very low-income units; Valuation – $66.4 million |
| 401 E. 6th Street Downtown Los Angeles |
10 low-income units; 83 very low-income units; Valuation – $9.4 million |
| 319 N. Beacon Street Central Hollywood |
89 affordable units; Valuation – $4.2 million |
| 711 S. New Hampshire Avenue Koreatown |
83 affordable units; Valuation – $9.5 million |
| 437 S. Westlake Avenue Westlake |
55 low-income units; seven (7) extremely low income units; Valuation – $8.7 million |
