LOS ANGELES-Symphony Development and CityView are closing in onthe debut of the 161-unit, 410-bed West 27th Place student housingcomplex at USC, a market-rate project that will include 10,000square feet of shops and restaurants, which is scheduled to open inMay. Los Angeles-based Symphony is developing the project on behalfof CityView, the project’s owner, a company founded by former HUDsecretary Henry Cisneros that is also based in Los Angeles.

The project, at the corner of 530 W. 27th St. and 2700 S.Figueroa St., is seeking LEED Platinum certification. It will beone of only four LEED Platinum-certified developments in LosAngeles and the only residential project in L.A. with thatdesignation if it achieves the Platinum rating, according to DavidHilliard, president of the Los Angeles-based development firm.

John Mavar, Symphony’s director of construction, notes that aPlatinum designation would be “above and beyond our initialexpectations for certification.” When GlobeSt.com reported on theproject last year, the goal was LEED Gold.