Posted May 23, 2013, 6:55 AM
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Join Date: Mar 2012
Location: SoCal
Posts: 966
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Gilmore Planning to Sell Lot at Vibiana as Restaurant Advances
Quote:
photo by Gary Leonard
DOWNTOWN LOS ANGELES - A Main Street parking lot that is entitled for a 41-story residential tower could soon change hands, but not before the city weighs a proposed change to its approvals.
Tom Gilmore, the Old Bank District developer who also owns the cathedral-turned-private events venue Vibiana, said he is in advanced talks with a buyer for the lot next to the building.
In the meantime, he is seeking city approval to make the two side-by-side parcels near Second and Main streets what is known as a “unified development.”
That designation would essentially require that any future project works in harmony — architecturally and design-wise — with the historic edifice, Gilmore said.
“It’s a formality to reiterate the original entitlements that we’ve got,” Gilmore said. “It just means that we’ll have input [on the design of a future project] and that’s really all we want. It’s protecting us from anybody who would do something inexcusably stupid.”
The change to the entitlements will be considered at a Zoning Administrator hearing on June 5.
The move comes as the partnership of Neal Fraser, Amy Knoll and Bill Chait is set to begin construction on a new restaurant dubbed Red Bird at Vibiana, Gilmore said.
The timeline is uncertain.
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http://www.ladowntownnews.com/news/gilmo...ed6bb10-c337-11e2-86b8-0019bb2963f4.html
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