Economic Development

Hollywood Economic Development

The Hollywood Chamber of Commerce works closely with the community, new developers and financial investors on projects which are important to Hollywood’s revitalization. Below is a list of Hollywood’s Economic Development Update on major projects in Hollywood currently in development. For your convenience, the Hollywood Chamber of Commerce Economic Development Committee has also mapped the location of these projects on an annual map of Hollywood Economic Development.

To obtain a copy of this map, please email Hollywood Chamber at info@HollywoodChamber.net

COMMERCIAL/RETAIL/ATTRACTIONS

1. ACADEMY OF MOTION PICTURE ARTS & SCIENCES MUSEUM
Address: 1313 N. Vine Street
The Motion Picture Academy has plans for a world-class, $400-million museum surrounding their Pickford Center in Hollywood. Acquisition of all property has been completed. Construction start is hoped for in 2012, with completion in 2014. (310)247-3000.

2. AMERICAN SOCIETY OF CINEMATOGRAPHERS
Address: 1782 N. Orange
Construction began in May 2008 on a 1,500-sq.ft. expansion of ASC’s historic headquarters building and construction of an adjacent 2,500-sq.ft. administrative building. Completion expected by end of 2009. (323)969-4333.

3. BOULEVARD 6200
Developer: Clarett Hollywood LLC
Location: Hollywood Blvd. between Argyle and El Centro
Developer plans 175,000-sq.ft. of neighborhood serving retail space as part of a $400-million mixed-use development. Fully entitled. To be built in two phases. (310)807-8405.

4. CAMDEN DEVELOPMENT
Developer: Camden Property Trust
Location: 1540 N. Vine St.
Developers proposed a 61,000-sq.ft. Whole Foods Market and 306 apartments as part of a $240-million, mixed-use project. Development is on hold pending improved market conditions. Fully entitled. (949)790-6120.

5. HOLLYWOOD & HIGHLAND
Owner: CIM Group
Address: 6801 Hollywood Blvd.
Cirque du Soleil has signed to open at the Kodak Theatre at the end of 2010 with their only resident show in L.A. Hard Rock Los Angeles restaurant has also announced to locate in 20,000-sq.ft. being vacated by Virgin Megastore. (323)817-0220.

6. HOLLYWOOD & VINE PROJECT
Developers: Legacy Partners and Gatehouse Capital
Location: Hollywood Blvd. at Argyle
This landmark project will include approximately 61,500-sq.ft. of ground-level retail space (including a Trader Joe’s), a W Hotel, residential and an intermodal transit plaza with 1,311 parking spaces. Groundbreaking occurred in February 2007. Completion – fall 2009. (949)930-6600.

7. MADAME TUSSAUDS
Developer: Steve Ullman/Larry Worchell
Address: 6931 Hollywood Blvd.
Madame Tussauds Hollywood is under construction on a 44,274-sq.ft. entertainment space. Opening August 2009, with 94 on-site and 136 off-site parking spaces. (323)463-2739.

8. PASEO PLAZA
Developer: Continental Management
Address: 5601 Santa Monica Blvd.
Entitlements have been received for a mixed-use project in the block surrounding Sears, that would include 377,000-sq.ft. of retail space and 437 residential units. Estimated value $325-million. Construction start on phase one to begin 1st quarter 2010. (310)253-9998.

9. SPACE 15 TWENTY
Developer: Root Development
Address: 1520 Cahuenga
A 23,000-sq.ft. rehab of existing buildings opened in November 2008, featuring Urban Outfitters as its anchor store, occupying 12,690-sq.ft. (310)710-6442.

10. TARGET
Developer: Target Corp.
Location: 5520 Sunset Blvd., SW corner of Sunset and Western Ave.
Target Corp. has acquired a 7-acre site and plans a new Target store, and 30,000-sq.ft. of additional retail. In entitlement phase. Construction start expected mid-2010, with occupancy in July 2011.

11. WESTERN AVENUE GATEWAY
Developer: CIM Group
Location: Hollywood Blvd. between Western and Garfield/Northside
CIM will develop 30,000-sq.ft. of retail space and 450 parking spaces, in addition to residential.

12. 6904 HOLLYWOOD BLVD.
Developer: CIM Group
CIM is completing a rehab and addition to the Nash Building that would bring the building to 46,800-sq.ft. Zara will occupy 14,253-sq.ft. and is expected to open summer 2009. Third floor will be offices. (323)860-4900.

EDUCATIONAL INSTITUTIONS

13. EMERSON COLLEGE
Developer: Emerson College
Address: 5960 Sunset Blvd.
Boston-based Emerson College plans to build a permanent campus for its 20-year old L.A. program, now located in Burbank. The multi-story building will include student housing, classrooms, stage(s) and retail at ground level, with a total of 145,000-sq.ft. May be built in one or two phases. Construction start is hoped for in 2010. (617)824-8299.

14. HELEN BERNSTEIN HIGH SCHOOL
Developer: L.A. Unified School District
Location: Sunset at Van Ness Ave.
L.A. Unified opened new high school on the 12.4-acre former Metro Media property in fall 2008. Project is valued at $100-million, of which $31-million was for land acquisition. (213)482-0752.

15. LOS ANGELES CITY COLLEGE
Developer: L.A. Community College District
Address: 855 N. Vermont
L.A. City College is a massive construction zone with numerous projects underway. Already completed are: a $52.3-million parking structure with 960 parking spaces and physical education fields on the roof, a $23-million library, and a $13.5 million child development center. A $52.3-million science and technology building is expected to be completed fall 2009. A $27.5-million health, fitness and physical education building breaks ground in fall 2009, and the new, $42-million Student Union building, the first design-build structure in the college district, will break ground in 2010. (323)953-4000, ext. 2085.

HOTELS

16. COLUMBIA SQUARE
Developers: AREA Property Partners
Location: 6121 Sunset Blvd.
Developers are planning for a 125-room boutique hotel, as part of a mixed-use project, with residential, office and retail. In entitlement phase. (323)634-4865

17. HIGHLAND CENTER
Developer: NCA – Green
Location: NE corner of Selma and Highland
Developers are planning a project with a mix of uses, including hotel, retail, residential and office space. (949)474-0122.

18. HOLLYWOOD & CAHUENGA:
A New Luxury Hotel
Developer: SPBB, LLC
Address: 6381 Hollywood Blvd.
The historic 1921 Security Bank Building will be restored to its original glory and transformed into a new 78-room, luxury boutique hotel. Will include an upscale restaurant, roof-top swimming pool and café/bar, retail and new parking garage. Construction start – fall 2010. (213)612-4585.

19. MILLENNIUM HOLLYWOOD
Developers: Millennium Partners and Argent Ventures
Location: Vine Street between Hollywood Blvd. and Yucca St.
This 1.2-million sq.ft. mixed-use development honors the Capitol Records building and includes a luxury hotel as well as class-A office space and condominiums highlighted by meandering green belts and open space. Construction start 2011. (323)313-3777.

20. SELMA HOTEL
Developer: 6417 Selma LLC
Address: 6417 Selma Ave.
Transformation is planned of an existing parking garage into a 136-room boutique hotel. Proposal is for a nine-story hotel, including restaurant/ballroom facilities. Adjacent alley will be redesigned with outdoor dining and landscaping to create an urban oasis. Fully entitled. Ground breaking hoped for by end of 2009, subject to financing.

(See 6) W HOTEL
Developer: Gatehouse Capital
Address: 6282 Hollywood Blvd.
A luxury, 305-room W Hotel is going up at the corner of Hollywood and Argyle. Opening November 2009. (323)798-1300.

21. 4900 Hollywood Blvd.
Developer: Wilshire Pacific Investors
A 200-225 room extended-stay hotel is being proposed as part of a mixed-use project in East Hollywood adjacent to Hollywood’s medical facilities. In entitlement phase. (310)475-4599.

60. 1800 Argyle
Developer: NCA – Green
Developers propose 213-room hotel, with 11 guest room floors, a restaurant, and meeting rooms on top of a podium containing hotel lobby and common area. In entitlement phase. (949)474-0122.

MEDICAL FACILITIES

22. CHILDREN’S HOSPITAL
Developer: Children’s Hospital
Address: 4650 Sunset Blvd.
Children’s Hospital will complete a massive renovation of their campus when their new 460,000-sq.ft., 317-bed hospital building is finished in 2010, at a cost estimated to approximate $582-million. (323)361-4121.

23. LOS ANGELES MEDICAL CENTER
Developer: Kaiser Permanente
Address: 4747 Sunset Blvd.
The Los Angeles Medical Center’s new 792,000-sq.ft. hospital opened in spring 2009, at a cost in excess of $600-million. Work continues on decommissioning of old hospital. (323)783-4496.

OFFICE REHABILITATIONS/NEW CONSTRUCTION

24. AMETRON BUILDING
Developer: Ametron Audio/Video
Address: 1546 Argyle
Developer proposes 190,000-sq.ft. of office space and 25,000-sq.ft. of retail. Ametron will anchor the retail space. Office will be entertainment oriented. Approximately 744 above-ground parking spaces. (323)466-4321

25. CITIZEN NEWS BUILDING
Developer: Brentwood Capital Partners
Address: 1545 Wilcox Ave.
Entitlements are complete for a 72,500-sq.ft. office condo project, with parking also for adjacent Citizen News Building. (310)405-7800.

(See 16) COLUMBIA SQUARE
Developers: AREA Property Partners
Location: 6121 Sunset Blvd.
Developers plan a major mixed-use project that will take up an entire block and restore the historic CBS building. Proposed elements include a 380,000-sq.ft. of office space, 400 housing units, 41,300-sq.ft. of retail/restaurant space, and a 125-room boutique-style hotel. In entitlement phase. (323)634-4865.

26. DELUXE LABORATORIES
Developer: Deluxe Entertainment Services Group
Address: 1377 N. Serrano
Deluxe Labs is adding a three-story, 35,000-sq.ft. addition to their campus, with multi-uses, including processing and printing operations, offices and screening rooms. Completion in summer 2009. (323)462-6171.

(See 17) HIGHLAND CENTER
Developer: NCA – Green
Location: NE corner of Selma and Highland
Developers plan to build a project with a mix of uses, including office space, hotel, retail, and residential. In entitlement phase. (949)474-0122.

27. HOLLYWOOD 959
Developer: J.H. Snyder Co.
Address: 959 Seward
A 250,000-sq.ft., class A office campus is planned on 3.8-acres that formerly housed CFI. LEEDS certified. Project will be built in one phase. Fully entitled. No start date announced. (323)857-5546.

(See 19) MILLENNIUM HOLLYWOOD
Developers: Millennium Partners and Argent Ventures
Location: Vine between Hollywood Blvd. and Yucca St.
This 1.2-million sq.ft., mixed-use development honors the Capitol Records building and includes Class-A office space, a luxury hotel and condominiums. Construction anticipated 2011. (323)313-3777.

28. PALLADIUM
Developer: NCA – Green
Address: 6215 Sunset Blvd.
Renovation of this historic venue has been completed and is being operated by Live Nation. Developers plan on the future development of hotel and office uses on the balance of the property. (949)422-0122.

29. PANTAGES OFFICE TOWER
Developer: The Clarett Group
Address: 6233 Hollywood Blvd.
Proposal includes completion of a 200,000-sq.ft., 10-story office tower above the Pantages Theatre that was included in the original 1930 plans for the theatre building. (310)807-8405.

30. SUNSET & GORDON
Developer: Sunset Urban Properties, LLC
Address: 5925 Sunset Blvd.
This mixed-use project will include 40,000-sq.ft. of creative office space in addition to 300 residential units and 12,000-sq.ft. of neighborhood retail. Fully entitled. Construction start expected 1st quarter 2010. (213)443-1300.

31. TECHNICOLOR BUILDING
Developer: Hudson Capital LLC
Address: 1438 N. Gower Street
Construction complete on a 115,000-sq.ft. building, for full occupancy by Technicolor, with executive offices moving from Burbank to Hollywood. Tenant improvements underway. (323)467-1001.

32. 1601 N. VINE STREET
Developer: Selma & Vine Partners
Developers hope to complete entitlements by end of 2009 on this 100,000-sq.ft., class A office building. Parking will be fully on-site. (310)576-2222.

33. 7060 HOLLYWOOD BLVD.
Developer: LeFrak Organization
Rehab is underway on building, which will have 175,000-sq.ft. of office space available when complete. (212)708-6670.

PUBLIC FACILITIES

34. FIRE STATION 82
Developer: City of Los Angeles
Address: NE corner of Van Ness and Hollywood Blvd.
Construction has begun on a $30-million, 32,000-sq.ft. fire station. Completion expected in 2011.

35. PARKING GARAGE 702
Developer: City of Los Angeles
Address: 1627 N. Vine Street
Long-awaited, 457-space parking garage with 2,500-sq.ft. of retail space is out to bid. Construction start expected in October 2009.

RESTAURANTS/NIGHT CLUBS

36. EAST
Address: 6611 Hollywood Blvd.
CalAsian, family-style restaurant with gourmet cuisine under construction.

(See 5) HARD ROCK CAFE LOS ANGELES
Address: 6801 Hollywood Blvd.
New 20,000-sq.ft. restaurant with live concert area and retail shop will open in 2010, replacing the Virgin Megastore at Hollywood & Highland.

37. THE MERCANTILE WINE BAR & ARTISINAL MARKET DISTRICT RESTAURANT
Address: 6600 Sunset Blvd.
These two new venues are under construction, with openings planned fall 2009.

38. TENDER GREENS
Address: SE corner of Sunset & Vine
A 3rd quarter 2009 opening is planned for this restaurant in the newly renovated Sunset Vine Tower.

NEW RESIDENTIAL/MIXED USE

(See 3) BOULEVARD 6200
Developer: Clarett Hollywood LLC
Location: Hollywood Blvd. between Argyle and Gower
The Clarett Group plans to build a large-scale, mixed-use project with 1,000 apartments on land adjacent to the Pantages. Fully entitled. To be built in two phases, starting on the north side of Hollywood Blvd. (310)461-1470.

(See 4) CAMDEN DEVELOPMENT
Developer: Camden Property Trust
Location: Vine at Selma
This $240-million project proposes 306 apartments above a Whole Foods Market in an 11-story building. Fully-entitled. On hold pending improved market conditions. (949)790-6120.

39. CHEROKEE/LAS PALMAS
Developers: NCA – Green
Location: 1717 N. Cherokee Ave.
Developers are planning a mixed-use project including residential units over a hotel. (949)474-0122.

(See 16) COLUMBIA SQUARE
Developers: AREA Property Partners
Location: 6121 Sunset Blvd.
Developers plan to build 400 housing units in addition to major office space, a boutique hotel, and neighborhood retail. In entitlement phase. (323)634-4865.

40. ESSEX HOLLYWOOD
Developer: Essex Property Trust
Address: 6254 Sunset Blvd.
Developers are reviewing options on a planned residential/mixed-use project on this site that includes the historic Earl Carroll Theatre building. (650)849-1641.

41. THE GATSBY
Developers: Master Craft Homes and HCHC
Address: 1277 Wilcox Ave.
Developers have built 34 row houses to wrap around a historic building at the southwest corner of Fountain and Wilcox. Hollywood Community Housing Corp. will rehab the existing Orchard Gables, hoping to start before the end of 2009. (323)469-0883.

(See 17) HIGHLAND CENTER
Developer: NCA – Green
Location: Northeast corner of Selma and Highland.
Developers are planning a project with a mix of uses, including residential, hotel, retail, and office space. (949)474-0122.

(See 6) HOLLYWOOD & VINE
Developer: Legacy Partners and Gatehouse Capital
Location: Hollywood Blvd. at Argyle
A total of 375 apartment units (including 20 percent affordable) and 150 luxury condominiums are being built, with completion expected in October 2009. (949)930-6600.

42. HOLLYWOOD BUNGALOW COURTS
Developer: Hollywood Community Housing Corp.
addresses: 1516, 1544, 1554 N. Serrano and 1721 Kingsley
HCHC is in the process of rehabbing four historic bungalow courts into 42 housing units on Serrano Place. (323)469-0710

43. HOLLYWOOD GARFIELD
Developer: Bond Companies
Address: 5555 Hollywood Blvd. at Garfield
A 120-unit apartment building is entitled for this site, along with 6,000-sq.ft. of retail. (310)395-4250.

44. HOLLYWOOD GOWER
Developer: The Hanover Co.
Location: Southwest corner of Hollywood Blvd. and Gower
A 20-story, mixed-use building of approximately 192,000-sq.ft. is proposed, comprising 151 residential units and approximately 6,200-sq.ft. of retail. In entitlement phase. (713)267-2100.

45. THE JEFFERSON AT HOLLYWOOD
Developer: JPI
Location: Highland Avenue at Yucca
Construction underway on 270 apartments, 8,500-sq.ft. of retail, and 750 parking spaces. Completion expected in 2010. (619)246-5336

46. LaBELLE AT HOLLYWOOD TOWER
Developer: Alliance Residential
Address: 6124 Franklin Ave.
A 146-unit luxury urban apartment complex is under construction on a 1.6-acre site. Completion expected spring 2010. It will be operated in conjunction with the adjacent historic 53-unit Hollywood tower (renovation to be completed end of 2009) with shared access to amenities and parking. (949)861-5300.

47. LaBREA GATEWAY
Developers: Bomel and The Martin Group
Address: 915 N. LaBrea
City Council has approved 219 apartments with 35,000-sq.ft. of retail on former KCOP studios site. (310)393-8006.

48. MADRONE
Developer: Laing Urban
Address: 1625 La Brea Ave.
Laing Urban began construction in May 2006 on a 180-unit, seven story condo project with 16,000-sq.ft. ground floor retail space. Construction has stopped. Completion date pending.

49. MARIPOSA PLACE APARTMENTS
Developer: Hollywood Community Housing Corp.
Address: 5030 W. Santa Monica blvd.
HCHC broke ground in April 2007 on a mixed-use, 58-unit affordable rental project. July 2009 completion anticipated. (323)469-0710.

50. McCADDEN PLACE
Address: 1714 McCadden
Developer: Wood Partners
The block bounded by McCadden, Yucca, and Las Palmas, is under construction, with 218 condos, in a four-story structure above three levels of parking. Completion anticipated in second half of 2010. ((949)355-4618.

51. METROPOL
Developer: Tanner White Properties
Address: 6001 Carlton Way
This 41-unit condo project was completed in spring 2009. (310)476-7500.

52. METROPOLITAN HOLLYWOOD
Developer: DS Ventures, LLC
Address: 5825 Sunset Blvd.
Developer has completed a rehab of the former Metropolitan Hotel into 52 apartments. (323)658-1511.

(See 19) MILLENNIUM HOLLYWOOD
Developers: Millennium Partners and Argent Ventures
Location: Vine St. between Hollywood Blvd. and Yucca St.
This 1.2-million sq.ft., mixed-use project honors the Capitol Records building and includes condominiums, a luxury hotel and class-A office space highlighted by meandering green belts and generous open spaces. Construction start – 2011. (323)313-3777.

53. MONARCH GROUP PROJECTS
Developer: Monarch Group
Address: NW corner, La Brea and Santa Monica; SE corner, LaBrea and Fountain
Developer plans two projects – 184 units at Santa Monica Blvd. and 187 at Jon’s Market site. In entitlement phase in West Hollywood. (858)551-4390

54. PALI HOUSE
Developers: Palisades Development Group & Herman Properties
Address: 1717 N. Vine Street
Currently under construction with 57 residential units with 154 parking spaces, ground-level restaurant and second floor bar/lounge. Completion anticipated 4th quarter 2009. (310)450-2200.

(See 30) SUNSET & GORDON
Developer: Sunset Urban Properties, LLC
Address: 5925 Sunset Blvd.
Developer has proposed 300 urban workforce units, 12,000-sq.ft. of neighborhood retail, 40,000-sq.ft. of office space, and a half-acre park, while preserving the historic building that housed the Old Spaghetti Factory. Entitlements have been secured. Groundbreaking anticipated in 1st quarter 2010. (213)443-1300.

(See 38) SUNSET VINE TOWER
Developer: CIM Group
Location: SE corner of Sunset & Vine
CIM is rehabbing this former landmark tower into a 63-apartment unit adaptive-reuse project , with 8,300-sq.ft. of retail space, including a Tender Greens restaurant. Completion expected in 3rd quarter 2009. (323)860-4900.

(See 11) WESTERN AVENUE GATEWAY
Location: Hollywood Blvd. between Western and Garfield
Developer: CIM Group
Mixed-use project would include 150 residential units and rehabilitation of the St. Francis Hotel, plus over 20,000-sq.ft. of retail, office and parking. (323)860-4900.

55. WILCOX GATEWAY
Developer: Wilcox Gateway Partners, LLC
Address: 1812-1832 Wilcox Ave.
Five-story, 36-unit urban loft-style condo project, combines 32 units of new construction with rehab of an existing 4-unit apartment house. (310)614-0148.

56. YUCCA & ARGYLE
Developer: Second Street Ventures
Location: 6230 Yucca Street at Argyle
Developers propose 83 condominiums and 10 live/work units, with 14,000-sq.ft. of office space on the old KFWB site.

57. 1603 CHEROKEE
Developer: Abode Communities
LAUSD has selected Abode Communities to develop a parking lot adjacent to Selma Avenue Elementary into a 60-unit apartment building with 110 underground parking spaces. Estimated groundbreaking 2011. (213)241-4265.

58. 1850 CHEROKEE
Developer: Tanner White Properties
A 39-unit condo project. In entitlement phase. Construction start hoped for in 2010. (310)476-7500.

59. 7950 W. SUNSET
Developer: Legacy Partners
Location: Sunset Blvd. at Hayworth
Legacy has completed 183 apartments over four levels of underground parking on the block west of the Directors Guild, with five retail bays. (949)930-6600.