Stalled plans for a residential tower on the Hollywood Walk of Fame have been revived.
The proposed development, slated for the southwest corner of Hollywood Boulevard and Gower Street, would consist of a 23-story building featuring 220 residential units and 4,850 square feet of ground-floor commercial space. A case filing from the Los Angeles Department of City Planning indicates that the tower would also include a parking garage with subterranean and above-grade levels.
As currently planned, the project is contigent on several discretionary approvals by the City of Los Angeles, including a zone change and a site plan review.
The Hanover Company, a Houston-based real estate firm, had previously attempted to develop a tower on the one-acre parking lot, only to be rebuffed in 2012 when a Los Angeles County Superior Court decision invalidated the project's environmental impact report. The property was later sold to UDR, Inc.
The tower would rise one block east of the former parking lot where developers DLJ Real Estate Capital Partners and Clarett West are in the midst of construction the $200-million second phase of Blvd 6200.
- CPC-2016-2848-VZC-HD-CUB-ZAA-SPR (LADCP)