Skye Urban Home, an affiliate of Bernal Capital Group, has unveiled plans for a new development of small lot houses in Hollywood.
The project, called Skye Lexington, will rise from what is now an empty lot at 6517-6533 Lexington Avenue. Plans call for a total of 18 single-family dwellings, each of which would stand three stories and feature a rooftop deck and ground-floor parking garage.
The project - which is the third in Hollywood for Skye Urban Home - is being designed by architect Farzin Maly.
In announcing the project, Bernal Capital cites increased job growth in Hollywood as the main impetus for Skye Lexington. The property is located just outside the Hollywood Media District, where Sunset Las Palmas Studios is in the midst of an expansion, and satellite radio provider Sirus XM recently opened its West Coast headquarters.
The development site is located just east of AVA Hollywood, an under-construction development from AvalonBay Communities will bring hundreds of apartments and retail space to Santa Monica Boulevard.
- Hollywood (Urbanize LA)