Image courtesy of Hendren Assoc.

The developer of a proposed apartment complex on Western Avenue in Brighton is offering a majority of the project’s parking to the public to replace on-street spaces that would be eliminated by a planned dedicated bus lane.

The 500 Western Ave. property would be redeveloped as a six-story 118-unit apartment complex, including nine artist live-work units, gallery space and retail. The three-quarter-acre site currently includes a parking lot and residential building.

The city of Boston plans to remove 459 on-street parking spaces on Western Avenue between Leo Birmingham Parkway and North Harvard Street in a mobility plan including creation of a dedicated bus lane.

Developer 500 Western LLC, led by Ardo Garabedian, proposes a 134-space underground parking garage with an entrance on Mackin Street, including 69 paid public spaces and 59 spaces for residents.

The public garage parking would replace 41 percent of the parking spaces along Western Avenue that would be eliminated by the city’s Western Avenue Corridor plan.

“The addition of this public garage will reduce the impact of the parking reduction on local businesses while improving the mobility of Western Avenue,” developers stated in the project notification form submitted to the Boston Planning & Development Agency.

Responding to comments at community meetings over the past 18 months, developers reduced the size of the project, originally envisioned at seven stories and 159 units. The proposal calls for 18 percent income-restricted apartments.

The project requires Zoning Board of Appeals approval of variances for maximum floor area ratio, maximum building height and minimum front yard setback.