The owner of a 52-room motel across the street from the Americana at Brand is moving closer to redeveloping the property with a new AC Hotel by Marriott, under an agreement scheduled for consideration at the April 7 meeting of the Glendale City Planning Commission.
View from Colorado Street looking southVista Investments
Vista Investments, an El Segundo-based real estate firm, is planning to raze the 1970s Vagabond Inn at 120 W. Colorado Street, making way for a new six-story edifice containing 130 guest rooms above a 130-car subterranean parking garage.
The project, which is being designed by Vista's subsidiary Vista Design/Build, is depicted as a contemporary podium-type structure with an exterior of painted stucco and cement. Plans call for a U-shaped footprint on the building's upper floors, wrapping an outdoor pool deck. Other ancillary features would include a lounge, a fitness center, and meeting rooms.
The Planning Commission is slated to consider a request from Vista Investments to extend project entitlements, which are scheduled to expire next month, for a period of up to six years. According to a staff report, the developer has indicated that current economic conditions resulting from the COVID-19 pandemic have reduced the viability of hotel projects. An extension would provide time for the hospitality sector to recover, allowing Vista to secure construction financing.
Sidewalk view from ColoradoVista Investments
Vista previously developed a Hampton Inn & Suites, which occupies an L-shaped property next-door to the proposed AC Hotel.
Outside of Glendale, Vista is also behind plans to redevelop another Vagabond Inn near USC with a dual-branded 275-room hotel.
- Glendale (Urbanize LA)
120 W Colorado StreetGoogle Maps
