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Multifamily

Apr 27, 2026

MSB Capital Plans 146 Unit Affordable Housing Project in Arlington Heights

MSB Capital Plans 146 Unit Affordable Housing Project in Arlington Heights

Traded Media

Traded Media
Traded Media

Traded Editorial

1 min read
  • 146-unit fully affordable housing project proposed
  • Development replaces auto repair site
  • Includes ground-floor retail component

What the project means for Los Angeles housing

A new affordable housing development is being proposed in Arlington Heights as 3521 MSB Capital, LLC plans a seven-story project at 3521 W. Washington Boulevard. The development, known as Washington Gardens, will replace an existing auto repair shop with higher-density residential use.

What the unit mix means for supply

The project will deliver 146 one-bedroom units, all reserved for low and moderate-income households. This full affordability approach aligns with Los Angeles’ push to increase housing supply for underserved income groups.

What the design and scale say about the project

Designed by KFA Architecture, the building will feature a mid-century modern-inspired façade and include a small amount of ground-floor retail. At seven stories, the project reflects growing density along transit-oriented corridors in the city.

What this means for developers and investors

For developers, this highlights a continued trend. Affordable housing projects are increasingly replacing low-density commercial uses, especially in central Los Angeles neighborhoods. These developments often benefit from incentives and streamlined approvals, making them more feasible despite rising construction costs.

What to watch next

The project is still in the application phase, with approvals and timelines yet to be finalized. Still, the direction is clear. Affordable housing remains a major focus in Los Angeles development, with infill sites driving new supply.

#California#Multifamily#Development Site
Published: Apr 27, 2026Last updated: April 27, 2026