Following years of dormancy, two proposed high-rise developments near the LACMA campus are finally showing signs of life.
Last month, permit applications were filed with the City of Los Angeles for new mixed-use developments at 6245 and 6401 Wilshire Boulevard. According to case filings from the Department of Building and Safety (LADBS), both properties would be developed with a combination of apartments, ground-floor commercial space and concomitant parking accommodations. Further records from the Department of City Planning indicate that the projects are linked to UDR, a Colorado-based developer of multi-family residential complexes.
The first of the two projects, 6245 Wilshire, is slated for an L-shaped site on Crescent Heights Boulevard between Wilshire Boulevard and Orange Street. A March article from real estate publication Bisnow reports that the proposed tower would rise 18 stories, featuring a "hip design," and smaller dwelling units which would cater towards Millennials. The approximately one-acre property, currently occupied by a standalone retail building, was previously intended for a 21-story development by the Houston-based Hanover Company.
The second development, 6401 Wilshire, would be located one block west on a .8-acre property at the intersection of Wilshire Boulevard and La Jolla Avenue. Plans call for a 15-story edifice, featuring larger units with condo like amenities. LADBS records indicate that the building would include 90 dwelling units and 6,000 square feet of retail space, served by an above-grade parking structure. The proposed tower, like its counterpart to the east, revives a scuttled pre-recession development planned by the Hanover Company.
Both projects represent a continued partnership between developer UDR and Steinberg Architects, which are currently in the midst of construction on a similar 18-story apartment tower in Koreatown. Their proposed developments at 6245 and 6401 Wilshire are scheduled to break ground later this year.
