With mixed-use developments quickly eating up Hollywood's remaining surface parking lots, it appears that investors are finally setting their sights on the nondescript low-rise buildings that line the Walk of Fame.  Earlier this month, plans were filed with LADCP for the construction of a new hotel development at 6611-6137 Hollywood Boulevard.  The proposed building would encompass more than 145,000 square feet of floor area, offering 181 guest rooms, 18,700 square feet of ground floor retail space, and a 3,000 square foot theatre.  Rising to a maximum of 95 feet above street level, the project would occupy roughly .75 acres of land on a block between Cherokee and Whitley Avenues.

Construction of the new development would first require the demolition of several existing structures, including one which formerly housed the SBE-branded E.A.S.T. restaurant.  The mid-rise project would also sit across across the street from Champion Real Estate's Hollywood Cherokee Apartments, a six-story residential-retail complex planned for a parking lot in-between Las Palmas and Cherokee Avenues.