The East Hollywood development is expected to hold 190 units of low-income housing—roughly half of those units will be set aside for households with special needs.
All units would be available to tenants making 60 percent of the area median income or less, according to Metro spokesperson Brian Haas.
The 1.5-acre project will sit at the southwest corner of the bustling intersection near Los Angeles City College. In addition to 20,000 square feet of ground-floor retail space, the project will also bring more shade and seating for the Metro riders who pass through the station every day, The Source said.
Little Tokyo Service Center aims to start construction in 2021.
Developments are planned or proposed atop a number of other Metro stations. In Little Tokyo, Metro wants to find a developer to build atop the future Regional Connector station in the neighborhood. And, in Westlake, the city is reviewing proposals submitted by an undisclosed number of developers to build on the Westlake/MacArthur Park Red and Purple Line station there.