“The Rise,” at 1331 North Cahuenga Boulevard in Hollywood, has started pre-leasing. The project is by Rescore. It will bring 369 new apartments to the area and 2,872 square feet of commercial space.
A new residential project has successfully broken ground and began construction at 1410 North Highland Avenue in Hollywood. The project proposal consists of micro-unit apartments that will replace an auto repair shop.
The project is a joint venture between ELK Development and Sixty West, which have secured funding worth $41.1-million. OfficeUntitled is managing the design concept and construction.
“Wallace on Sunset” has opened in Hollywood. The property, located at 6240 Sunset Boulevard, was developed by Essex Property Trust. It is named after the famous performer Beryl Wallace, who, in the 1930s, used to perform at the historic Earl Carroll theater next door.
The exterior of 5570 West Melrose Avenue, in Hollywood Los Angeles, is nearing completion. Crescent Capital Partners is partnered with Bolour Associates in developing the site. The project will bring denser residential units and commercial space close to Paramount Pictures.
New residential and commercial development is expected for 1233 North Highland Avenue and 1242 North Citrus Avenue in Hollywood, Los Angeles. The project proposal includes the construction of a new mixed-use building with 72 apartments and ground-level retail. The project will set aside eight of its one and two-bedroom apartments as deed-restricted affordable housing.
