Four years after its announcement and groundbreaking, a mixed-use apartment complex has neared completion at 5750 Hollywood Boulevard in Hollywood, Los Angeles. The project proposal includes the development of a seven-story mixed-use building featuring commercial and residential spaces. Atlanta-based firm Wood Partners is the project developer. Carrier Johnson + Culture is responsible for the design concepts.
A new residential project will soon be developed at 11611 Ventura Boulevard in Studio City, Los Angeles. The project proposal includes the development of a residential project featuring an eldercare facility and small-lot houses. Plans call for the demolition of a series of commercial buildings housing an automobile rental business. Spokane-based real estate firm SRM Development is the project developer. Urbal Architecture is responsible for the design concepts.
A new modular residential tower will soon be seen at 845 Olive Street in downtown, Los Angeles. The project proposal includes the redevelopment of an asphalt parking lot into a residential high-rise with 19 stories. Plans for the tower were approved in 2019. Hollywood-based real estate firm Relevant Group is the project developer. Gensler is responsible for the design concepts.
City of Los Angeles is seeking funds for a new project that proposes to convert hotels into permanent supportive housing. Three motels are up for grabs in Hollywood and the San Fernando Valley in Los Angeles. The project, named as Project Homekey, is a pandemic-initiated program that allows cities and counties to purchase underused hotels and repurpose them as interim or permanent housing. Recently, in September 2021, Governor Gavin Newsom announced $2.75 billion in funding for Project Homekey. The City of Los Angeles, which created 744 homes through the initial phase of the program, is now getting to work on its second round of acquisitions.
A new residential project has been planned at 6766 Hawthorn Avenue in Hollywood, Los Angeles. The project proposal includes the development of a seven-story residential project. Plans call for the demolition of a service parking lot on the site. Seattle-based firm Housing Diversity Corp (HDC) is the project developer. Steinberg Hart is responsible for the design concepts. STS Construction is also part of the team.
