Yesterday, the Department of City Planning published an environmental report for 5750 Hollywood Boulevard, a mixed-use development which would rise from a forlorn one-acre property located just east of the 101 Freeway.
Plans call for a seven-story structure, featuring 161 dwelling units, 5,700 square feet of ground-level retail space, and parking accommodations for 271 vehicles and 96 bicycles. The project would incorporate numerous residential amenities, including a media room, fitness center, outdoor pool and spa deck, and a rooftop terrace with panoramic views of Hollywood.
The low-rise building would provide a mixture of studio apartments, one-and-two-bedroom dwellings and live-work lofts. Developer 5750 Hollywood Boulevard, LLC also intends to set aside 14 residential units for very low income households in exchange for an SB-818 density bonus. Proposed incentives include increases to the property's allowable height and floor area ratio.
