Next week, the Los Angeles City Planning Commission is scheduled to review Onni Group's latest proposed high-rise project in South Park.
The Olympic + Hill development, which would replace a parking lot at the southeast corner of Olympic Boulevard and Hill street, calls for the construction of a 60-story building featuring 700 apartments above a podium structure featuring 15,000 square feet of ground-floor retail and 1,075 parking spaces.
According to a staff report, the project will provide a mix of studio, one-, and two-bedroom apartments, as well as four sub-penthouse units and one penthouse unit. Additionally, the tower's fifth level will feature 52,000 square feet of amenities, including an open pool deck.
Chris Dikeakos Architects is designing the proposed development, which would rise 760 feet in height. The four-story podium, which would be wrapped with residential units on its two street frontages so as to mask above-grade parking levels.
A past environmental study points an approximately 30-month build-out for the project, with completion anticipated in 2022.
Although the staff report supports the certification the project's mitigated negative declaration and approve a site plan review, it also recommends that the City Planning Commission delay any decision on the Olympic + Hill development until after the CRA/LA Board has approved a transfer of floor area rights transfer plan and a public benefits agreement.
The Commission is also scheduled to consider an appeal of the project's vesting tentative tract map by the labor unions UNITE HERE Local 11 and Laborer's International Union of North America, Local 300. The appeal argues that Onni Group has a history of converting its residential developments into hotel-like uses, citing the LEVEL Furnished Living development at 888 S. Olive Street as an example, and also argues that the project should have required an environmental impact report. A staff response recommends that the Commission should deny the appeal and sustain the approved vesting tentative tract map.
- Olympic + Hill Archive (Urbanize LA)