Flax Art & Design, the art supply store on Market near Valencia, could become the next property in its neighborhood to be transformed into housing. A preliminary project assessment has begun for the land, which clocks in at 25,900 square feet. The assessment, which calls for 160 new units in a 9-story building, is in its very early stages and would take two years to eventuate if it happens at all. [Hoodline]
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