The giant parking lot at the back of the former CBS Studios complex on Sunset Blvd is starting to make way for the long awaited Columbia Square development. Work on the adaptive re-use of the existing buildings began in Spring of 2013, and now it appears that developer Kilroy Realty is readying the site for construction of the new office and residential buildings. Here’s a look at what we have in store. Since Columbia Square is a large, multifaceted development, the project will open in phases. The renovation of the historic CBS Studios and the construction of the new subterranean parking garage are both set to wrap up midway through 2014. The new office buildings are scheduled to open late in 2015. Completion of the 22 story residential tower is expected by early 2016. When finished, Columbia Square will bring 200 residential units and 330,000 square feet of office space to Hollywood. The development will activate Sunset Blvd with 33,000 square feet of retail and restaurant space. This project is one of many set to break ground in Hollywood within the next several years, including two buildings at Selma and Vine, Sunset Bronson Studios’ new office tower, and the infamous Millennium Hollywood Towers. Perhaps Crescent Heights will have shovels in the dirt for the Palladium Residences as well. In the meantime, I highly recommend checking out the fly through video posted on the Columbia Square website.