|11326 weddington Street (Image: Ikon Hospitality)|
North Hollywood, home to the dual terminus of Metro's Red and Orange Lines, is gradually embracing its role as one of the San Fernando Valley's few urban hubs. Plans are already in the works for a high-rise commercial development atop the station's sprawling park-and-ride lot. Now, according to environmental documents published by LADCP, smaller infill projects are starting to take form on nearby properties.
Ikon Hospitality, a local investor specializing in Southern California hotel properties, is one of several developers active in the neighborhood. Last year,the company submitted plans to the city for a boutique hotel at 11326 Weddington Street, just one block south of North Hollywood Station. The four-story development, designed by Irvine-based architecture firm nKlosures, would contain 43 guest rooms and gallery space for local artists.
A slightly larger 70-room inn, also designed by nKlosures, is planned further east on parcels at 11135-45 Burbank Boulevard.
|11430-36 Hatteras Street|
Another proposal from developer Hatteras Holdings, LLC calls for a new low-rise residential-retail development just a few blocks north of the station. Plans filed with the city call the construction of a six-story building which would contain 31 two- and three-bedroom apartments above 1,500 square feet of retail space and a 67-car garage. The project site, located at 11430-36 Hatteras Street, is currently occupied by a pair of pre-WWII single-family homes. Construction of the mixed-use development will first require a zone change that would permit additional height and floor area on the property.