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| Photo credit: Crescent Heights |
Take another look at Sunset Boulevard's stylish Palladium Residences, the high-rise towers proposed for the parking lot abutting the Hollywood Palladium. The mixed-use complex, unveiled last summer by developer Crescent Heights, would offer a blend of residential units and hotel rooms in a pair of sleek, 28-story buildings. An official website for the project features a new set of high-resolution renderings, highlighting the Palladium Residences' street-level integration and prominent location within the Hollywood skyline.
The twin 350-foot towers, designed by Stanley Saitowitz of Natoma Architects, could move forward under two distinct development programs. Under the first scenario, Crescent Heights would build a purely residential project with 731 dwelling units. In an alternate program, the towers would feature a mixture of 538 residential units and 250 hotel rooms. Both plans call for a total of 14,000 square feet of pedestrian-oriented commercial space, in addition an underground parking garage with accommodations for approximately 1,900 vehicles and 820 bicycles.
Crescent Heights is marketing the Palladium Residences as a place where "historic preservation [meets] urban revitalization." Consequently, the towers' design incorporates many architectural elements similar to those of the adjacent concert hall. One conspicuous example is the Residences' grid-pattern facade, which takes inspiration from the Palladium's iconic Sunset Boulevard marquee. The towers are also designed with curving, L-shaped footprints that allude to the Palladium's Streamline Moderne architecture.
However, the developer has yet to reveal a budget and timeline for the project. For the time being, Hollywood observers must content themselves with watching the various other developments currently sprouting along Sunset Boulevard.
- Palladium Residences (Official Website)
- Here Are Your Palladium Residences (Building Los Angeles)
What ever is proposed what we do know will happen is that Silverstein and the paranoid old folks up in the Hollywood Hills will try to sue stop any development to help revitalize and improve LA's most famous neighborhood because change scares theme
ReplyDeleteThe litigation rate for new projects in Hollywood is absurdly high. But I'd guess that Crescent Heights was aware of that when they bought the property.
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