Developer Townscape Partners will downsize its plan for a Frank Gehry-designed development at 8150 Sunset Boulevard, after reaching a compromise with 4th District Councilmember David Ryu and group of community activists.
The project, which is slated for the southwest corner of Sunset and Crescent Heights Boulevards, was originally to consist of two mid-rise buildings featuring two towers featuring 249 apartments and condominiums and approximately 65,000 square feet of commercial space.
Under the revised project, which has been agreed to by the City of West Hollywood and the Laurel Canyon Association, the proposed buildings will be limited to a maximum height of 178 feet, a decrease from maximum 234-foot edifice from the original plan. The number of total apratments and condominiums planned has also been shaved from 249 to 229, although the amount of required affordable and workforce housing has increased slightly from 37 units to 38 units.
The amount of approved retail remains unchanged at 65,000 feet, with allowances for a grocery store, restaurants, general retail and a walk-in bank. It is unclear whether or not the project will incorporate the Lytton Savings Building, which was to be considered for landmark status today.
Additional concessions from the developer include a relocation of an existing bus stop, and a $2-million fund for traffic improvements surrounding the project site.
Although the $300-million project has now cleared a major hurdle, a timeline remains unclear.
This post will be updated as proceedings continue.
UPDATE: Per Los Angeles Times reporter Alice Walton, the City Council's Planning Committee voted to approve the downsized project, but delayed a vote to landmark the Lytton Savings Building.
