Steven Sharp WELCOME HOME

A presentation to the Mar Vista Community Council has revealed a rendering for 12444 Venice Boulevard, the first of two Mar Vista developments planned by local real estate firm Crimson Holdings. The proposed mixed-use complex, first reported by the Real Deal LA, would rise from the southeast corner of Venice Boulevard and Wasatch Avenue, replacing a shopping center. Plans filed with the City of Los Angeles call for a five-story structure, featuring 77 residential units, 2,100 square feet of ground-floor retail space and parking accommodations for 75 vehicles and 89 bicycles.

A new environmental report takes a closer look at a $150-million plan for a mixed-use development in Panorama City. The ICON at Panorama City, proposed by the Beverly Hills-based Icon Company, would rise from a roughly nine-acre property at Roscoe Boulevard and Tobias Avenue, home to a long-vacant Montgomery Ward. Plans call the demolition of the former department store, followed by the construction of multiple low-rise and mid-rise structures, creating a combination of multifamily residential units and pedestrian-oriented shops and eateries.

New environmental documents shed light on developer IMT Residential’s plan to build apartments at the former Sherman Oaks headquarters of Sunkist Growers, Inc. The 8.3-acre site at Riverside Drive and Hazeltine Avenue is currently improved with Sunkist’s home for more than a half-century: a three-story, 126,000-square-foot building designed by the architecture firm A.C. Martin. IMT plans to renovate the 1960s structure, which will be retained as creative office space in the new development.

Aerial footage from architectural photographer Hunter Kerhart shows construction nearing completion on a long-awaited park in the Arts District. The $1.6-million project, which broke ground in late 2014, is creating a half-acre green space at the corner of 5th and Hewitt Streets. Designed by staff architects from the Los Angeles Bureau of Engineering, the park will feature outdoor seating, a playground, landscaping and an eight-foot mural wall. The park sits immediately north of the La Kretz Innovation Campus, a 60,000-square-foot facility which serves as an incubator for local startups in the cleantech industry.

A new promotional video offers a flythrough tour of NoHo West, the proposed redevelopment of the San Fernando Valley’s soon-to-be vacant Laurel Plaza shopping center. The future mixed-use complex, located at 6150 Laurel Canyon Boulevard, is expected to create a walkable neighborhood featuring offices, apartments and ground-level shops and restaurants. A total of 742 residential units would be provided in three-to-six-story buildings along the perimeter of the 25-acre site. An existing four-story structure near the center of the property, currently a Macy’s department store, would be repurposed as approximately 500,000 square feet of office space.

Stalled plans for a residential tower on the Hollywood Walk of Fame have been revived. The proposed development, slated for the southwest corner of Hollywood Boulevard and Gower Street, would consist of a 23-story building featuring 220 residential units and 4,850 square feet of ground-floor commercial space. A case filing from the Los Angeles Department of City Planning indicates that the tower would also include a parking garage with subterranean and above-grade levels.

Over ten years after stalling out, then substantially downsizing, plans for a large mixed-use complex across the street from Pershing Square are finally being realized. Last week, MacFarlane Partners quietly began work for the first phase of the Park Fifth development, with the demolition of a small parking garage adjacent to the historic Subway Terminal Building. In its place, the San Francisco-based real estate firm intends to construct a seven-story building which will span between Olive and Hill Streets.

Last August, Los Angeles County issued a request for proposals to redevelop a series of dilapidated properties in Koreatown. This Tuesday, the Board of Supervisors is poised to vote on whether or not to move forward with the public-private partnership, which has been dubbed the Vermont Corridor. Trammell Crow Company (TCC), which was selected over four other applicants, is expected to develop three buildings on the county-owned parcels featuring a combination of apartments, government offices and pedestrian-oriented commercial space.

A half-year after paying $7.5 million for a property near the famed intersection of Hollywood and Vine, Dutch hotel chain citizenM is moving forward with plans for its second U.S. location. According to plans filed yesterday with the City of Los Angeles, citizenM’s proposed development at 1718 N. Vine Street would consist of a 14-story, 73,000-square-foot building featuring 216 guest rooms. Records indicate that the hotel would also feature multiple food-and-beverage venues with full line alcohol permits.

A new environmental report released by the Los Angeles Department of City Planning (LADCP) offers a first look at a mixed-use complex planned in Koreatown. The proposed development, slated for an approximately two-acre site 3525 W. 8th Street, would consist of a seven-story building featuring 367 dwelling units above 52,000 square feet of ground-floor commercial space. Plans also call for residential amenities such as a fitness center, multiple outdoor decks and parking accommodations for 791 vehicles and 456 bicycles.