While Hollywood NIMBYs continue with their puzzling effort to defeat the half-complete Sunset/Western Target, plans have emerged for a new redevelopment scheme almost directly across the street. An approximately 3.5-acre property at 1350 N. Western Avenue, currently home to a cluster of low-rise commercial buildings, may be demolished to make way for a new mixed-use complex. Although exact plans are currently unclear, the project's LADCP case filing calls for an undetermined amount of commercial and office space, in addition to a 52-unit small lot subdivision. Construction of the project would first require the rezoning of the property, which is currently designated for use as a film processing lab.
The proposed mixed-use complex is representative of the recent uptick in development on the eastern reaches of the Hollywood neighborhood. As easy opportunities have become fewer and further in-between near subway stations on Highland Avenue and Vine Street, red headed stepchild Western Avenue has suddenly found itself aflood with investment activity. A few blocks north, developer Sonny Astani is planning a residential-retail development, while another investor has proposed a boutique hotel. On the opposite side of the Hollywood Freeway, Sunset Bronson Studios is scheduled to begin a $150 million expansion later this year which will include a 14-story office tower.
- Case Information Summary Sheet (LADCP)
That's some promising news. I hope the same redevelopment trend makes it's way further east to the Hollywood/Vermont Station, near where I live. There are a lot of vacant lots between there and Hollywood/Santa Monica Station that would be great for small lot home projects. I'd love an opportunity to put down roots in my neighborhood.
ReplyDeleteVermont Avenue seems like it should be the next domino to fall for the Red Line. As you said, lots of vacant lots to fill, and plenty of gentrification/redevelopment occurring on all sides.
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