The $100-million development, located across the street from the Red Line's Hollywood/Western Station, will consist of a six-story building featuring 280 apartments and approximatley 12,600 square feet of street-fronting commercial floor area. Residential amenities will include a swimming pool, a fitness center, and an underground parking garage.
Designs from Los Angeles-based PSL Architects call for an exterior consisting primarily of brick veneer and cement plaster. The development will also incorporate the ffacade of Falcon Studios, a two-story brick structure from the 1920s which served as a rehearsal studio during Hollywood's golden age.
The project - which was originally entitled by Sonny Astani - is one of several mixed-use developments planned or underway east of the Hollywood freeway trench, including a similar residential-retail complex proposed at 5750 Hollywood Boulevard.
- Apartments and Retail Break Ground at Hollywood/Western (Urbanize LA)
- The 5550 (Official Website)