Local developer Jamison Services, Inc. has cleared away a surface parking lot near Hollywood & Highland for the construction of a mixed-use apartment complex.
The one-acre project site, located just north of Hollywood Boulevard, spans between Las Palmas and Cherokee Avenues. Plans call for a six-story edifice that will feature 224 studio, one-, and two-bedroom apartments, in addition to approximately 1,000 square feet of street-level retail space. In exchange for density bonus incentives, the development will set aside 24 apartments for very-low-income households.
Withee Malcolm Architects is serving as executive architect for the mid-rise structure, which is known as 1718 Las Palmas. It will include amenity spaces such as a swimming pool and a fitness center, as well as four levels of underground parking for up to 305 vehicles.
Belzberg Architects provided the project's original design for another local developer, Champion Real Estate Company, which sold the property in 2016.
Completion of 1718 Las Palmas is expected in late 2019.
The project sits across the street from a similar multifamily residential development at 1737 Las Palmas Avenue.
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