Although Amoeba Music will remain in its Hollywood home for the duration of its lease, landlord GPI Companies is nonetheless moving forward with plans for a future redevelopment of the property at 6400 Sunset Boulevard.
Yesterday, the Brentwood-based real estate firm filed plans with the City of Los Angeles to redevelop the property at 6400 Sunset Boulevard as a mixed-use complex. A case filing from the Department of City Planning indicates that the proposed development would feature 232 residential units above 7,000 square feet of ground-floor retail space.
Earlier this month, LAist drove Angelenos into a frenzy when it published conceptual renderings by Shimahara Illustrations which depicted a high-rise tower on the current Amoeba site. However, it is unclear if the image represents GPI's exact plans for the property. A representative of the company told LAist via an e-mailed statement that they had not submitted an application to the City at that point in time.
Rumors about the future of the property first began percolating late last year, when Amoeba's parent company sold the .77-acre property for $34 million.
The project, which requests zone and height district changes, will not begin construction until after the end of Amoeba's lease, per an earlier statement from the company.
The property sits directly across the street from a Jack-in-the-Box restaurant which is expected to make way for an Art Deco hotel tower.