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.