Plans for a mixed-use tower near the intersection of Hollywood and Vine continue to move forward, based on a draft environmental study published this week by the City of Los Angeles.
The 1.16-acre project site, located at 6220 Yucca Street, is currently improved with a series of small apartment buildings and a single-family dwelling that total 44 residential units. Champion Real Estate Company, which acquired the property through an affiliated for $17 million, is seeking approvals to raze the existing structures to make way for a 20-story tower and separate four-story structure featuring 210 apartments, a 136-room hotel, and approximately 12,750 square feet of ground-floor retail space. Parking for 435 vehicles would be provided in a six-level garage, including below-grade and above-grade levels.
Togawa Smith Martin is designing the development, which would rise to a maximum height of 255 feet above ground level. Renderings depict a contemporary, rectangular structure featuring amenities such as a rooftop pool deck, a courtyard, and a fitness center.
Construction of the proposed tower is expected to occur over an approximately two-year period, according to the environmental study.
The tower - which the developer originally envisioned as a taller, slimmer 32-story building - would replace two rent-stabilized apartment buildings, a fact that has drawn fierce opposition from groups such as the L.A. Tenants Union.
“You shouldn’t displace people who have perfectly good housing at really affordable rates for the sake of a mega complex which there are tons of in Hollywood right now anyways,” a resident of the property told KCRW in 2016.
Champion, which had originally proposed to include 43 affordable housing units to replace the existing apartments, expanded that plan in 2017. All of the 210 apartments in the building are now slated to be subject to the City's Rent Stabilization Ordinance.
The property is currently being marketed for sale as a 271-unit luxury high-rise.
The 6220 Yucca is the latest in a slew of high-rise developments near Hollywood and Vine, following the Argyle House apartment tower and the Kimpton Everly hotel. Those buildings stand at opposite corners of the intersection of Yucca Street and Argyle Avenue.
Another development, the $1-billion Hollywood Center complex, is slated to rise one block west on parking lots flanking the Capitol Records Building. The City of Los Angeles recently published an environmental study for that project.
Champion Real Estate Company has previously secured entitlements for two other projects in Hollywood, which are located at 1718 Las Palmas Avenue and 1600 Highland Avenue. Both of those developments were later built by different firms.
- 6220 Yucca Street (Urbanize LA)