New Hollywood hotel to rise on Cahuenga and De Longpre

The proposal was filed by an entity connected to Richard Heyman of Five Chairs

TRD LOS ANGELES /
Apr.April 11, 2016 10:30 AM

Hoteliers continue to set their sights on Hollywood even as hotel inventory looks set to shoot through the roof.

Yet another hotel, this time by developer Richard Heyman, is in the works between Ivar Avenue and North Cahuenga Boulevard on De Longpre Avenue, according to Curbed.

The proposed seven-story hotel, which would rise on a site next to the Cinerama, is slated to include 175 rooms, 600 square feet of retail and an additional 5,000 square feet of restaurant space. The project also calls for two floors of underground parking and a rooftop pool.

The property is just one in a long string of hotel projects planned for the area. Just down the street, a 19-story hotel on Ivar Avenue and Sunset Boulevard in in the planning phases, for instance.

And, earlier this year, international hotelier citizenM broke the record for most ever paid for land in Hollywood when it acquired the site next to the Capitol Records Building at 1718 Vine Street. It paid $613 per square foot for a total of $7.5 million. [Curbed] — Cathaleen Chen


Related Articles

arrow_forward_ios
Gaw Capital Chairman Goodwin Gaw and DJM founder John Miller with a rendering of the project

An analysis of rent rolls at Hollywood & Highland

An analysis of rent rolls at Hollywood & Highland
Bob Iger, Reed Hastings and (clockwise from top left) Sunset Las Palmas, Sunset Bronson and Sunset Gower Studios (Getty, Google Maps)

Here’s what Netflix, Disney and CBS pay at for their Hollywood digs

Here’s what Netflix, Disney and CBS pay at for their Hollywood digs
Bernard Huberman and Hollywood’s Television Center (BLT, Television Center)

BLT Enterprises buys Hollywood’s Television Center for $64M

BLT Enterprises buys Hollywood’s Television Center for $64M
Photo illustration of Hudson Pacific Properties CEO Victor Coleman and Blackstone Group President Jonathan Gray (Coleman by Rich Polk/Getty; Gray by Drew Angerer/Getty; Top Gun by Paramount Pictures/Sunset Boulevard/Corbis/Getty)

Inside Hudson Pacific and Blackstone’s field of streams

Inside Hudson Pacific and Blackstone’s field of streams
Jose Huizar and a rendering of the project (Getty, City Market LA)

Huizar-tied community benefits fund linked to DTLA megaproject faces scrutiny

Huizar-tied community benefits fund linked to DTLA megaproject faces scrutiny
Phillip Aarons and a rendering of the project (Credit: Patrick McMullan via Getty Images)

Earth shaking news: Hollywood Center megaproject on active fault line

Earth shaking news: Hollywood Center megaproject on active fault line
6725 West Sunset Boulevard in Hollywood and Vanbarton Group's Richard Coles (Credit: Google Maps)

Vanbarton’s Sunset Boulevard office complex goes to special servicing

Vanbarton’s Sunset Boulevard office complex goes to special servicing
California State Senator Scott Wiener and Construction Trades Council President Robbie Hunter

Construction union pulls “anti-Semitic” Scott Wiener attack ad

Construction union pulls “anti-Semitic” Scott Wiener attack ad
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...