HOLLYWOOD (Urbanize LA) — Just over one year after breaking ground in Hollywood, the steel frame of a boutique hotel is largely complete at 1525 N. Cahuenga Boulevard. The project, which is being developed by PNK Group, is located mid-block between Sunset Boulevard and Selma Avenue.
Plans call for a seven-story structure that will feature 64 guest rooms with commercial space.
Designed by nKlosures , the steel-frame building will include a rooftop pool and a third-level amenity deck set back from Cahuenga Boulevard. nKlosures The hotel is to be operated under Hyatt’s Unbound Collection, described as a series of upper-scale properties.
The project is located just south of the Dream Hotel , as well as a slew of other projects now in development by local real estate investment firm Relevant Group […]
WeHo Reaches Deal on Log Cabin With City of Beverly Hills
WEST HOLLYWOOD — The City of Beverly Hills and the City of West Hollywood have reached an agreement regarding the property located at 621 N. Robertson Boulevard – also known as the ‘Log Cabin’ site – which is owned by the City of Beverly Hills but is located in the City of West Hollywood.
With an agreement signed this week, the City of West Hollywood will lease the site from Beverly Hills for a period of twelve months and intends to sublease the premises to the West Hollywood Recovery Center, which will continue to provide the same level of addiction recovery services currently offered at the site.
“We are thrilled to be able to secure this space to safeguard vital recovery services. Tens of thousands of people have been helped by the 12-Step meetings offered at the ‘Log Cabin’ and with the addition of the West Hollywood Recovery Center as the lead nonprofit we can count on another four decades of meetings and community recovery,” said West Hollywood Mayor John D’Amico. “These meetings will remain a vital resource for the West Hollywood, Beverly Hills, and greater Los Angeles sober community. The City of West Hollywood has been committed to preserving access to services at this addiction recovery space and this lease agreement with our neighbors in the City of Beverly Hills is a testament to working together to address community needs.”
“We are pleased to have reached an agreement with our neighbors in West Hollywood to allow the crucial services at the Log Cabin to continue,” said Beverly Hills Mayor Lester Friedman.
The Lions Club of West Hollywood formerly leased the site, but that agreement is now expired. The City of Beverly Hills provided notice to the Lions Club to vacate the premises by March 31, 2020.
“We sincerely appreciate the work of the Lions Club over many years to support community organizations and provide valuable meeting space,” added Mayor Friedman.
Due to coronavirus (COVID-19) health emergency and Los Angeles County Safer at Home Orders, all meetings have been temporarily suspended at the site due to the need to accommodate social distancing requirements. Community members may check for updates at http://thewhrc.org.
Al & Ed’s Claimed by L.A. Development Firm for Nearly $23M
WEST HOLLYWOOD (Connect California) — A Los Angeles-based real estate development firm purchased a 30,146 square-foot development site in the West Hollywood area for $22.5 million. CBRE’s Matthew Greenberg, Alex Kozakov and Pat Wade represented the seller, a private family that had owned the asset for decades. CBRE’s Chris Tresp represented the buyer.
Located at the intersection of Santa Monica Boulevard and La Cienega Boulevard, the 30,146-square-foot property consist of one of the most recognizable corners in all of Los Angeles. The asset is currently comprised of three commercial structures on several parcels located in both the City of Los Angeles as well as West Hollywood.
The site’s zoning allows for an array of future projects, ranging from mixed-use multifamily to hotel and commercial uses benefiting […]
Hollywood Developing at Quick Pace With Hotels, Housing, Office Space
HOLLYWOOD (Beverly Press) — In many parts of Los Angeles, development seems to be moving at a breakneck pace, and Hollywood is no exception. From hotels and housing units to commercial space for office and retail, the neighborhood has seen significant growth in the past few years, and that trend will continue as projects currently under construction are completed.
Kristopher Larson, president and CEO of the Hollywood Property Owners Alliance, which oversees the Hollywood Business Improvement District, said nearly 1,000 housing units and 934 hotel rooms are currently under construction.
In 2019 alone, nearly 400,000 square feet of office space entered the market and now makes up approximately 10% of all office space in Hollywood, he said.
“A lot of new folks will call Hollywood […]
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This Just In…
- County Hospitals Receive 300 iPads for Patients to See Family
- Processions to Cedars Will Salute Healthcare Workers on National Nurses Day
- WeHo Webinar: Loneliness, Isolation, Depression, and Anxiety During Pandemic
- Texas & California Wet Markets Show Full Extent of Vile Conditions
- White House Gift Shop Selling Coronavirus Commemorative Coins
- Joe Exotic Prison Has 2nd Highest ‘Rona Rate
- Beverly Hills Votes To Resume Plastic Surgery Despite Coronavirus Pandemic