Tuesday, December 30, 2014

Another High-Rise for Hollywood

Yet another property near Hollywood's iconic Capitol Records Building is slated to give way for a tall mixed-use development.

Plans were filed with the City of Los Angeles earlier this month for a new residential-retail complex at 6220 West Yucca Street.  The approximately one-acre property, currently occupied by a series of low-rise residential structures, would be redeveloped with a 21-story tower.  The proposed building would include 277 residential units and 3,300 square feet of ground-floor commercial space.

Located at the southeast corner of Yucca Street and Argyle Avenue, the project is one of three high-rise developments planned for the same intersection.

East across Argyle Avenue, developer David Jordon is planning a 16-story tower on a property which once housed the broadcast facilities for radio station KFWB.  The proposed 180-foot tall building, located at 6230 Yucca Street, would house 95 apartments and slightly under 14,000 square feet of commercial office space.

North across the intersection, a mid-century office building and an abutting parking lot are slated to be demolished for a new hotel.  The project, which is being developed by Kimpton Hotels & Restaurants, would feature 225 guest rooms and 3,000 square feet of restaurant space.  However, it is currently unclear if Kimpton's recent sale to the InterContinental Hotels Group will affect the proposed development.

All three of the properties are located near the California Geological Survey's estimated path of the Hollywood fault line, but outside of the 50-foot range in which new construction is prohibited.  However, each project falls within the 500-foot zone on either side of the fault line which mandates stringent seismic testing for all proposed developments.

Earthquake safety has key issue in the ongoing debate over Hollywood's redevelopment.  Opponents of the various office, residential, retail and office projects near Hollywood and Vine have argued that proximity to the fault line makes the neighborhood unsuitable for high-rise construction.

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