Dubbed Alexan at Universal, the Development Plan filed with Orange County calls for 656 units, spread across 11 four-story buildings and 12 two-story carriage houses built in two phases, with two swimming pools.
The unit mix would be 54 studio apartments, 296 one-bedroom, 262 two-bed and 44 three-bed. The property is zoned for up to 700 units.
TCR officials did not respond to calls for comment late Wednesday.
A two-lane boulevard is currently under construction that will cut directly through the middle of OEP's 55-acre parcel, connecting the apartment community to the lighted intersection of Universal Boulevard and Convention Way.