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Plans Revived for Stalled Hollywood Tower

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.

Long-Stalled Park Fifth Development Begins Work

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.

L.A. County to Consider Redevelopment of Koreatown Properties

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.

Hollywood Hotel Boom Heats Up

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.

Koreatown's Latest Residential Complex Revealed

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.

Rejected Hotel Site to Become Apartments

In 2014, plans emerged for “Eighty Cool Rooms,” a boutique hotel near the Hollywood/Western subway station. The proposed development, which was slated for a vacant lot at Hollywood Boulevard and St. Andrews Place, stalled out when its developer failed to obtain zoning variances for the project. With those hotel dreams crushed, a different entity is now moving forward with an alternate scheme for the .2-acre property. According to a case filing from the Los Angeles Department of City Planning, the new plan for the lot at 5600 Hollywood Boulevard calls for a seven-story structure featuring 32 apartments above approximately 1,300 square feet of ground-floor commercial space.

Updated Renderings for Hollywood's Academy Square

The website of real estate firm Kilroy Realty has revealed updated renderings for the Academy, a proposed $300-million mixed-use in Hollywood. The project - slated for a city block bounded by Vine Street, Homewood, Ivar and De Longepre Avenues - would construct a series of high-rise and low-rise buildings featuring 250 apartments, 235,000 square feet of office space and 37,000 square feet of ground-floor shops and restaurants. Architectural plans from the Shimoda Design Group call for a gateway entrance on Vine Street, leading to a pedestrian paseo cutting east-to-west through the 3.5-acre property.

Large Residential Complex Headed to North Valley

Per a case filing from the Los Angeles Department of City Planning, a nearly 4.5-acre collection of parcels in the San Fernando Valley’s North Hills neighborhood is slated to give rise to a large residential development. The project, located at the intersection of Sepulveda Boulevard and Rayen Street, would create a total of 364 residential units, including 44 set aside for very low income households. Plans call for a variable height structure, standing two-to-three stories on certain parts of the development site and rising four-to-five stories on others.

Another Look at 4th & Traction

The website of real estate investment trust Hudson Pacific Properties has unveiled new renderings for 4th & Traction, an adaptive reuse project now underway in the Arts District. The development, named for its location at 4th Street and Traction Avenue, is repurposing the original West Coast headquarters of the Coca-Cola Company as a modern creative office complex. On the upper levels of the three-story structure, plans call for 130,000 square feet of leasable space featuring high ceilings and operable steel-frame windows.

Skyline-Altering Tower Prepares to Rise in DTLA

Nearly six months after breaking ground in the Historic Core, Onni Group is prepared to take its latest high-rise development into the sky. Last week, crews began laying rebar for the foundation a 49-story tower at 820 S. Olive Street, which is replacing a nearly one-acre surface parking lot. When completed, the project will feature 516 dwelling units above 4,500 square feet of ground-floor commercial space. The tower, which is being designed by the Canadian architect Chris Dikeakos, will rise to an architectural peak of 637 feet, becoming the tallest residential building in the City of Los Angeles.