Over three years after announcing plans to construct offices, retail and an apartment tower in Hollywood, Kilroy Realty is finally pushing dirt on the Academy.

The Los Angeles-based real estate investment trust is now clearing a 3.5-acre site at 1341 N. Vine Street, which is slated for the construction of multiple buildings featuring up to 250 apartments, 235,000 square feet of offices and 37,000 square feet of ground-floor shops and restaurants.

Arts District-based architect Joey Shimoda is designing the Academy, which is oriented around mid-block paseo running east-to-west between Vine and Ivar Avenue.  Two mid-rise structures will frame the passageway, punctuated by a 23-story residential tower at the northwest corner of the project site.

The $450-million project follows Kilroy's completion of the similar Columbia Square redevelopment, which reimagined a historic CBS radio station with office space while constructing mid-rise and high-rise structures on a parking lot off of Sunset Boulevard.

Image via Kilroy Realty

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125-Unit Affordable Housing Development Completed in Westlake

LINC Housing Corp. built the $57-million project.

LINC Housing has completed construction of Mosaic Gardens at Westlake, a new affordable housing community located just west of Downtown Los Angeles.

The $57-million development rose from a long-vacant lot at the corner of Beverly Boulevard and Lucas Avenue, and consists of a six-story building featuring 125 one-, two-, and three-bedroom apartments serving the formerly homeless, low-income families, and seniors.  Rents in the building are set between $398 and