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Whiskey Tango Foxtrot
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A big development is headed for Hollywood:

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First Look at Massive Mixed-Use Complex Heading to Vine St.



Hollywood's lost an Oscars Outdoors screening venue, but it's gaining retail and office space, plus a 23-story residential tower on the dusty block near Sunset and Vine that was once scheduled to be the home of the Academy of Motion Picture Arts & Sciences' movie museum (now moved to the Miracle Mile on the edge of LACMA's campus). Developer Kilroy Realty paid $46 million for the property about six months ago (the pre-Academy landowners were miffed about the sale, since they felt they'd been pressured to sell to the Academy), and announced they'd put nearly $300 million into building this fancy mixed-user with housing and office space. This latest rendering from Shimoda Design Group certainly looks that expensive.

According to a press release, the northwest corner of the lot (at Ivar and De Longpre) will have a 23-story residential building; most of the 20,000 square feet of retail space will be concentrated on the Vine and De Longpre side, where there will also be a public plaza. The office space, created with entertainment, tech, and media companies in mind, will spread out across three "terraced" four-story buildings; all connected by "landscaped passageways" through the complex's central space. Construction is expected to begin in early 2016.

 

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Not bad....not bad at all! I frequent this area regularly; whether im shopping at trader joes or watching a movie at the Arclight. I can only imagine how much more lively and interactive this area will become; especially after the Camden, Blvd 6200, Columbia Square, Palladium Towers, and now this, are built. This makes me very happy.
 

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As a clarification, this isn't at Sunset and Vine; it's a good block south, extending another block toward Fountain (but still maybe 1/4 mile from transit). Maybe "Vine Campus" unless there is a formal name.

Otherwise, this is a real boost to the 'hood. As you head toward SM Blvd., the area gets pretty rundown and the presence of new jobs and housing could act as a catalyst for conversion of decayed sfh's and older light industrial into more modern housing or campuses.
 

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Silver Lake
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I approve! Love it!
 

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http://buildinglosangeles.blogspot.com/2014/11/details-emerge-for-hollywoods-academy.html

Some more info on Kilroy Realty's new project on Vine Street, now dubbed "Academy Square." 23-story tower with either 250 apartments or 200 apartments/100 hotel rooms. Three four-story buildings, with 280,000 sq. ft. of office, retail and restaurant space. Possibly a 40,000 sq. ft. market on Vine Street.

Construction is tentatively scheduled to start in Q4 2015 and finish by Q1 2018.



 

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Seems like the right level of density and amenities to attract the techies and PR and such jobs. In fact, 23 stories is quite a bit for south of Sunset.

For night life you head a couple of blocks to the denser streets (Sunset, Selma, Hollywood, Cahuenga, etc.).
 
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