At 5550 Hollywood Boulevard, construction continues for a new mixed-use complex from Atlanta-based real estate firm Wood Partners.

The $100-million development, located across the street from the Red Line's Hollywood/Western Station, will consist of a six-story building featuring 280 apartments and approximatley 12,600 square feet of street-fronting commercial floor area.  Residential amenities will include a swimming pool, a fitness center, and an underground parking garage.

Designs from Los Angeles-based PSL Architects call for an exterior consisting primarily of brick veneer and cement plaster.  The development will also incorporate the ffacade of Falcon Studios, a two-story brick structure from the 1920s which served as a rehearsal studio during Hollywood's golden age.

The project - which was originally entitled by Sonny Astani - is one of several mixed-use developments planned or underway east of the Hollywood freeway trench, including a similar residential-retail complex proposed at 5750 Hollywood Boulevard.

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Urban Marketplace 2018 Event Offers Investment & Development Opportunities

ULI Los Angeles Presents Experts and Dealmakers Demonstrating How to Redevelop and Revitalize Neighborhoods

LOS ANGELES, Calif. – Leading experts in urban development will offer ideas and opportunities at the 18th annual Urban Marketplace. The interactive conference and forum by ULI Los Angeles, a District Council of the Urban Land Institute (ULI), is Wednesday, March 28, 2018, 7:30 a.m.