The $200-million project, which is being developed by DLJ Real Estate Capital Partners and Clarett West, will consist of a series of seven-story structures featuring 507 apartments above approximately 60,000 square feet of ground-level commercial space and an underground parking garage.
The renderings portray the development with contemporary-style buildings colored red, white and grey. As with the project's monochromatic first phase - since renamed Eastown LA - plans call for supergraphics to be displayed along the Hollywood Boulevard site of the property.
Documents from the Los Angeles Department of City Planning indicate that the project is being designed by VTBS Architects.
The mixed-use complex is rising from an approximately 3.2-acre site at 6200 W. Hollywood Boulevard which previously served as a surface parking lot.
Prior published reports have pointed to a completion date sometime in 2017. However, it is still unclear whether or not that timeframe remains accurate based on the project's scale and starting point.