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:previous: Interesting. The website lists the following facts:
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a blurb I found, dated 10/27/07: regarding the twin towers in CC...
"JMB Realty Corp. of Chicago razed a bank and a club to make way for two 47-story towers and a 12-story loft. The 483-unit luxury project is being designed by local firm Johnson Fain Partners and will feature amenities such as wine cellars and a full-service concierge. JMB has not yet announced a construction timetable." I went to the Johnson Fain site and there is no mention of this project... It also states that Columbia Square in Hollywood is a 35 story tower, not 40... |
^I found the rest of the article, but unfortunately the pictures were omitted.
http://www.entrepreneur.com/tradejou...171213537.html Mapping the future. by Miller, Daniel Los Angeles Business Journal • Oct 22, 2007 • REAL ESTATE QUARTERLY: THE NEXT CENTURY Century City's landscape has been reshaped over the last few years with the completion of the Constellation Place and 2000 Avenue of the Stars office buildings. But more changes are on the horizon with the planned development of perhaps 1,300 condominiums, which would transform the former 20th Century Fox back lot into more than just a neighborhood of daytime office workers. The map shows office, residential and retail projects planned, under way or recently completed. SUNCAL CONDO (SITE), 10000 Santa Monica Blvd. [ILLUSTRATION OMITTED] SunCal Cos. plans to build an undisclosed number of condominiums on this 2 1/4 acre Santa Monica Boulevard site it purchased for $110 million. The Irvine developer beat out Donald Trump in a Chapter 11 bankruptcy auction. The former owner tore down an office building before getting approvals for a high-rise office building it never constructed. SunCal has not released additional details about its project. WESTFIELD CONDO (SITE), 1801 Avenue of the Stars. [ILLUSTRATION OMITTED] Westfield Group plans to build high-rise condominiums at the site of this office building, which will be razed. The 260 luxury condos will be adjacent to the Westfield Century City mall, which the Sydney, Australia mall developer also owns and has recently upgraded at a cost of $170 million. Renovations include a new multiplex, luxury boutiques and an upgraded food court featuring trendy eateries. CONSTELLATION PLACE, 10250 Constellation Blvd. ILLUSTRATION OMITTED] The building, better known as MGM Tower, opened in 2003 and was the first new office high rise in Los Angeles since the early 1990s. Developed by JMB Realty Corp., the $250 million tower includes a slate of entertainment-related tenants, including Metro-Goldwyn-Mayer Inc. and International Creative Management Inc. The 35-story, 775,000-square foot building is 100 percent occupied. THE CENTURY (SITE), One Century Drive [ILLUSTRATION OMITTED] Related Cos. of New York is the first developer in the ground with a new condo project for Century City. The 42-story, 140-unit project is meant to equal a Park Avenue condo tower and is slated to open in summer 2009 with a penthouse priced at roughly $25 million. The tower sits on the site of the razed St. Regis Hotel and was designed by Robert A.M. Stern Architects. JMB CONDO (SITE), 10131 Constellation Blvd. [ILLUSTRATION OMITTED] JMB Realty Corp. of Chicago razed a bank and a club to make way for two 47-story towers and a 12-story loft. The 483-unit luxury project is being designed by local firm Johnson Fain Partners and will feature amenities such as wine cellars and a full-service concierge. JMB has not yet announced a construction timetable. 2000 AVENUE OF THE STARS, 2000 Avenue of the Stars [ILLUSTRATION OMITTED] This mammoth, $400 million office building is home to Creative Artists Agency Inc. Developer Trammel Crow Co. opened the building in January on the site of the former Schubert Theatre. Linked to the adjacent Century Plaza Towers by a grass park, the building includes Craft, chef Tom Colicchio's restaurant. INTERCONTINENTAL LOS ANGELES CENTURY CITY, 2151 Avenue of the Stars [ILLUSTRATION OMITTED] This former Park Hyatt hotel raised the InterContinental flag in January, marking the upscale business brand's return to Los Angeles after leaving downtown seven years ago. The 363-room hotel, owned by Sumitomo Realty & Development Co. Ltd., is undergoing an upgrade that will be completed by the end of the year. |
http://farm3.static.flickr.com/2368/...24aac1f4_o.jpg
http://farm3.static.flickr.com/2097/...4b4a693b_o.jpg http://farm3.static.flickr.com/2174/...16482008_o.jpg http://farm3.static.flickr.com/2350/...d5c12c27_o.jpg http://www.nareit.com/portfoliomag/0...theworks.shtml Lights, Camera, Apartments [November/December 2007] By Allen Kenney In 1913, legendary filmmaker Cecil B. DeMille set up shop at the corner of Vine Street and Selma Avenue in Los Angeles to create Hollywood’s first full-length feature film, “The Squaw Man.” Nearly a century later, a parking lot now covers the site. Now, Camden Property Trust (NYSE: CPT) hopes to capitalize on the magnetic pull of the big screen to lure film buffs to 1540 N. Vine St., a planned 11-story luxury apartment building development to replace the blacktop hiding the spot where Tinseltown’s first motion picture was born. Camden wants the apartment building—tucked in between the famous Sunset Strip and Hollywood Boulevard—to evoke the glamour of 1940s-era Hollywood. While trying to maintain a contemporary ambience, the developers sought to create a classic Hollywood feel through the building’s architecture and signage. Architectural firm Thomas P. Cox: Architects, Inc. modeled the building’s design after local landmarks like the Roosevelt Hotel. Adding to 1540’s sense of history, the building site is located along the Hollywood Walk of Fame and will feature sunken relief sculptures along the building’s base depicting the filming of “The Squaw Man.” The 300-plus new rental apartments should attract young, urban professionals “who like the notoriety of living in Hollywood,” says Rick Holcomb, vice president of real estate investments for Camden, who spearheaded the project. Holcomb notes that the development will be located in the diverse, up-and-coming area of East Hollywood. Hollywood Makeover The 1540 site lies within the Hollywood redevelopment zone run by the Community Redevelopment Agency of the City of Los Angeles (CRA/LA), a public agency created to “attract private investment into economically depressed communities, and to eliminate slums, abandoned or unsafe properties, and blight throughout Los Angeles.” CRA/LA’s efforts in Hollywood started in 1986, and the agency has participated financially in a number of private business projects in the area. Once one of Los Angeles’s most dangerous neighborhoods, some developers are now angling to transform Hollywood into an upscale residential area. Southern California developer Bond Companies, for instance, has experienced success with a five-story mixed-use site at the corner of Vine and Sunset. The 750,000-square foot property features houses 300 apartment units and features retailers like Borders and Bed Bath and Beyond. Just down the road from 1540 at the corner of Hollywood and Vine, Legacy Partners and Gatehouse are in the midst of building a 4.6-acre site that will include a new W Hotel, as well as condominiums and rental apartments. “It’s a very happening place,” Holcomb says. A Perfect Fit Construction on 1540 is expected to begin before the end of 2008, with units going into service by the end of 2010. Camden has aspirations of expanding its prescense in Southern California, making 1540 a key asset, according to Holcomb. The company currently operates 186 apartment properties across the country, including 10 communities in the San Diego, Orange County and Los Angeles regions. The Hollywood project is one of 11 new ventures in Camden’s $2.2 billion national development pipeline. “There is a clear supply-demand imbalance in Southern California, and there’s a real need for rental housing in this market,” Holcomb says. “The existing development pipeline can barely keep up with the demand for what’s needed.” Holcomb cites Whole Foods’ participation in designing 1540 as one of the property’s biggest advantages. To satisfy the mixed-use component required for approval of the building plans, Camden partnered with the popular high-end grocer to design a space on the ground floor for a new store. Holcomb points out that Whole Foods’ participation is a huge plus for the property, beyond the visibility that the grocer’s brand name brings. “We were very fortunate to have a lease in place with Whole Foods and have them cooperate with us in our design process in order to deliver a very functional store that is going to be quite a success,” Holcomb says, noting that many developers of mixed-use properties are forced to begin building without a retail tenant in place, hoping to lease the space out later. “We’re not spending substantial money on a store without knowing who our tenant will be.” Another selling point is that 1540 is located less than a block away from a subway stop offering residents a 10-minute ride to downtown. The proximity to the subway station should seem even more appealing to passengers stuck in the estimated 170,000 cars crawling through the parking lot that doubles as Highway 101 during rush hour. The development site is just west of the freeway. “Our residents will be able to walk a half-block, get on the train, take a 10 minute ride, and they’re right downtown where many jobs are located,” Holcomb says. “That’s a huge benefit with all the traffic congestion we have in Southern California.” Making Its Debut As many movie producers have discovered while bringing their box-office blockbusters to the big screen, the road to building 1540 proved difficult after Camden began to target the site three years ago. Holcomb likens the labyrinthine maze of bureaucracy in California to “skin on an onion.” He notes that his team had to take part in more than 70 meetings with almost 20 different agencies in order to get the project up and running. Holcomb readily admits that 1540 is a little out of character for Camden. He describes the company’s “bread and butter” as being “300-unit suburban communities that are three-story walk-ups.” However, he says, Camden is increasingly branching out into higher-density, urban projects like this. Regardless of size, Holcomb contends that the long-term financial rewards will be great, enough so that Camden has been working through California’s complicated land entitlement process for more than three years to complete the deal. Holcomb quickly dismisses the idea that Camden is using 1540 just to make a splash. “We’re not flashy,” Holcomb asserts. “This is going to be a signature property, but that’s not why we’re pursuing the deal.” If so, Camden should probably hope to emulate the success that DeMille had on that site. “The Squaw Man” raked in $200,000 in worldwide ticket sales; it cost $15,000 to produce. |
DCB, Wilshire Center is already under construction. Also, it's Gerding Edlen, not Gerdling Eldon.
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imagine if LA's boulevards were lined, one plot after another, with these high density developments catered toward the car - and the every plot had 1 or 2 driveways which led to a multi-tiered private garage. Now imagine trying to walk a few city blocks as a pedestrian in this hypothetical city. Now imagine trying to drive.
is this actual progress or is this just density? |
do you not think that this area is pedestrian friendly, especially since all the projects have ground floor retail and are near transit and every imaginable amenity? The area from La Brea to the 101 and from sunset up to Franklin has pretty much everything you need without getting into a car. obviously cars are still needed in LA and will be for a long time, but the people moving in here are not going to be driving up two blocks to get to a club or a grocery store.
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^ Well I can tell you that Taipei, Taiwan for the longest time was exactly what edluva described. Before they started construction on the MRT (subway), it was incredibly dense (even more so than LA), and they had NO SUBWAY. The traffic made LA's traffic look like a walk in the park. I know because I experienced it. However, now they have completed a good portion of the subway, life is much better in Taipei now. You can get anywhere by subway, bus, taxi, and walking.
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right. i dont think Edluva is wrong by the way, but i think LA is taking the right steps all over. it takes time.
now, back on topic.. |
Found the Solair Wilshire updated rendering, including the pool plus a picture of the model.
http://farm3.static.flickr.com/2191/...a97c2d10_o.jpg Photo Credit: solairwilshire.com http://farm3.static.flickr.com/2050/...e5cc341e_o.jpg Photo Credit: solairwilshire.com http://farm3.static.flickr.com/2073/...2cc57e8e_o.jpg Flickr user: fridayinla |
Solair on Wilshire is now visible from some stretches of the 101 - just east of Vermont. If you're making that drive, check it out. Just don't take your eyes off the road for too long. ;)
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7950 West Sunset
Here is one that is just about complete. The link has some construction shots that were taken in September.
http://www.legacypartners.com/Legacy...=r_dev12&div=R Quote:
Photo Credit: Legacy Ptns http://farm3.static.flickr.com/2376/...8a045129_o.jpg Photo Credit: Legacy Ptns |
Great update! When will Wilshire Center start construction?
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I wrote about Wilshire Center on angelenic, along with the rest of those projects:
http://www.angelenic.com/constructio...own-round-two/ |
Was driving down the Sunset Strip to work today and noticed that the Hyatt is getting new cladding on the front, losing the balconies. It's now flat and glassy, very slick.
Also, the Luckman building at Carol Drive is being re-clad with new glass that is horizontally oriented as opposed to the vertical is had previously since the 70's. Much improved. New little strip mall across from the Whisky is about halfway done, was a parking lot for about 20 years. And what was an All American Burger, then Mexican food restaurant across from Rock n Roll Ralph's has been transformed into a nice 3-story mixed use development. Pinkberry has moved into the corner street level space. And the whole block, diagonally across from the Virgin complex, where the Cocoanut Teaser stands, is totally fenced off. Have no idea what's happening there... The Strip is finally lurching into the new millenia at last... |
Kenmore Tower
From www.Angelenic.com
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3429 W. Olympic
This one appears to be a six story residential due to be completed in 2008.
http://farm3.static.flickr.com/2144/...34a92ac85d.jpg Photo Credit: http://www.nbgihomes.com/public/FutureProjects.aspx |
Where's the ground floor retail? Sheesh.
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