|Image from Curbed LA|
Yesterday, GlobeSt.com reported that La Brea Regency, LLC had secured financing for the construction of a mixed-use development at the southeastern corner of La Brea and Hawthorn Avenues. The five-story La Brea Regency Lofts will contain 56 residential units above 9,000 square feet of ground level commercial space. The building shall be served by a three-level, subterranean garage with 124 parking stalls. A quick check of the Department of Building and Safety's records indicates that construction permits were issued for the project back in August. With the bureaucratic wrangling complete and financing officially lined up, La Brea Regency can now get shovels in the ground.
Although the La Brea Regency Lofts were first proposed in 2010, GlobeSt.com indicates that the land owners opted to delay groundbreaking in order to gauge the success of other multi-family developments in Hollywood. One of those other developments is the pedestrian repelling Avenue Hollywood, located directly across the street. Another future neighbor will be 7260 Hawthorn Avenue, situated three blocks to the west.
|Future site of the La Brea Regency Lofts, outlined in red.|
- $19M Goes Towards 56-Unit Hollywood Build (GlobeSt.com)
- Welcome to "The Avenue Hollywood," Another Anti-Pedestrian Project (Streetsblog LA)
- Make Way for More Condos in Hollywood (Building Los Angeles)