Showing posts with label Cornerstone Holdings. Show all posts
Showing posts with label Cornerstone Holdings. Show all posts
Monday, September 29, 2014
A Quick Trip Through the Sunset Boulevard Boom
This past weekend, a broken water main spilled untold gallons of precious drinking water onto the Sunset Strip, dealing yet another blow to drought-stricken California. On the other hand, flooding of a more figurative (and less dire) sort is also occurring further east along the iconic thoroughfare. Let's for get about LADWP's woes for a moment as we check in on the deluge of mixed-use developments adding new office space and residential units between Vine Street and the Hollywood Freeway.
As reported in mid-September, Hudson Pacific Properties has quietly broken ground on the long planned expansion of Sunset Bronson Studios (see above). The $150 million project will ultimately create over 400,000 square feet of Class-A office space, mostly contained within a 14-story, Gensler-designed tower. The staggered massing of the stout, 200-foot building will create a unique presence within the mid-rise Hollywood skyline. Currently, construction crews are removing asphalt from the southeast corner of the SBS campus, clearing the way for an immense 1,600-vehicle parking garage.
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