Stalled Tower Finally Progresses in Hollywood
Although Related California continues to struggle with the Grand Avenue Project, the Irvine-based developer appears to be having better luck with a different stalled project near the Capitol Records Building. A photograph taken by Hollywood resident Paul Danielson shows that site preparation is now underway at 6230 Yucca Street, a vacant lot which Related purchased last year for $10.5 million. According to a grading permit issued last week by the Los Angeles Department of Building and Safety, the half-acre property is being developed with an 18-story tower that will feature 114 apartments, 2,100 square feet of retail space and a five-level, 201-car parking garage.