A series of industrial buildings just north of Hollywood Forever Cemetery could be converted to offices and retail, according to plans submitted earlier this week to the City of Los Angeles.
The two sites, located a block apart at 5721-5759 and 5831-5857 Santa Monica Boulevard, are currently improved with two- and three-story buildings completed in phases between 1919 and 1976. County Assessor records indicate that the existing buildings contain more than 100,000 square feet of combined floor area.
Plans filed by two entities affiliated with Neman Brothers & Associates call for transforming the existing buildings into office space. The eastern site, located at Van Ness Avenue, would also see the construction of a new parking garage and ground-floor restaurant space. At western site, which is located at Bronson Avenue, a loading dock is to be repurposed as a shared amenity space for tenants.
Office space has become a hot commodity in Hollywood, with Netflix quickly eating up new buildings as they become available - most notably the Epic and Academy developments from Hudson Pacific Properties and Kilroy Realty.
The Neman project is planned just west of the full city block at 5601 Santa Monica Boulevard where CIM Group had proposed to construct a housing and retail development flanking a former Sears department store, which was to be converted to office space. However, the Mid-Wilshire based developer withdrew its entitlement application for the project in 2018.
- Hollywood (Urbanize LA)