Showing posts with label 1350 N. Western Avenue. Show all posts
Showing posts with label 1350 N. Western Avenue. Show all posts

Wednesday, May 21, 2014

Office Space and Small Lot Homes Proposed Near Sunset/Western


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.