Six months after starting construction at 6417 Selma Avenue, rebar and steel beams now protrude above ground at the future site of Hollywood's Dream Hotel.  The approximately $50 million project from developer Five Chairs will offer 182 guest rooms, located within easy walking distance of major tourist destinations along Hollywood Boulevard and Vine Street.

Designs from Santa Monica-based Killefer Flammang Architects call for a 10-story structure, clad with glass and metal sidings.  The mid-rise building will feature several ancillary uses, including a banquet room, rooftop deck, and multiple food and beverage venues.  A vehicular alley way which abuts the hotel site is to be repurposed as patio dining for several of the hotel's restaurants.

The Dream Hollywood - scheduled for completion in late 2015 - is the first of several hospitality projects slated for the blocks located southwest of Hollywood/Vine Station.  Back in July, new hotel proposals emerged on both Hollywood and Cahuenga Boulevards.  Earlier this month, plans were filed for a 12-story inn on Wilcox Avenue.  Further down the pipeline, developer R.D. Olson may construct a fifth project on a Sunset Boulevard property currently occupied by a Jack in the Box restaurant.