With completion nearing for its eight-story office building at 953 Sycamore Avenue in Hollywood - and SiriusXM leasing a substantial portion of the building - CIM Group is now building a similar project just down the street.
The new project, located at 926 Sycamore Avenue, will consist of an eight-story building featuring 45,622 square feet of office space atop 7,452 square feet of ground-floor retail space and a five-level parking podium.
Renderings of the development, which building permits indicate is being designed by Abramson Teiger Architects, portray a contemporary mid-rise structure with numerous terrace decks on its upper levels. A leasing brochure boasts of usable indoor-outdoor workspace in the building.
Completion of 926 Sycamore is anticipated in the fourth quarter of 2020.
An earlier version of the project, also designed by Abramson Teiger, had called for a smaller four-story building featuring just 24,000 square feet of retail and office space.
CIM Group is also in the midst of construction on a mixed-use apartment two blocks east on La Brea Avenue.
- New Office Building Rising in Hollywood (Urbanize LA)