A new residential project has been proposed at 1200 North Vine Street in Hollywood, Los Angeles. The project proposal includes the development of a new seven-story building featuring residential and retail spaces.
North Carolina-based Grubb Properties is the project developer. Urban Architecture Lab is responsible for the designs.
The mixed-use development will replace a shuttered strip mall on the site. The project will bring a seven-story mixed-use building featuring 151 apartments above 3,690 square feet of ground-floor commercial space. Parking for 87 vehicles will be developed on the site.
1200 Vine Street Elevation via Urban Architecture Lab
Requested entitlements include density bonus incentives to permit a larger building with more housing than otherwise allowed by zoning rules. In exchange, 17 of the proposed studio, one-, and two-bedroom apartments would be set aside for rent as affordable housing at the very low-income level.
Renderings reveal a contemporary podium-type building with habitable uses and apartments wrapping above grade parking. Retail would line the property’s Vine Street frontage, while a small plaza would face Lexington Avenue to the south. Plans also call for a podium-level amenity deck, and two additional amenity decks at the roof level.
Total cost of the development will be approximately $92.2 million, with an expected completion date in 2025.
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