R. D. Olson plans 275-key Hollywood hotel

The 21-story Art Deco structure would replace a Jack in the Box

Jun.June 16, 2016 03:05 PM

New details have been revealed for developer R.D. Olson’s Hollywood hotel on the corner of Sunset and Cahuenga Boulevards.

First proposed last year, the updated plan now calls for a 21-story building, instead of the original 19-story building. The building would contain 275 guest units. On the ground floor, there would be up to 1,900 square feet of commercial space, and below, four levels of subterranean parking, according to city documents.

An existing Jack in the Box fast food restaurant on the site would need to be demolished before construction could begin.

Out of the 275 guest units, 142 would be suites, 132 would be individual rooms and one would be a two-bedroom suite. Every unit would have its own kitchenette.

In total, the project would have just under 142,000 square feet of buildable floor space. In addition to a vesting zone change, the plans filed by Olson request an alcohol permit. Guest amenities would include study areas, a breakfast room with bar seating, a swimming pool, a fitness center, a laundry room and an outdoor dining patio. There would be 125 parking spaces.

Renderings from architects Wimberly Allison Tong & Goo show an Art Deco-inspired building.

Olson, based in Newport Beach, purchased the half-acre property for $13.8 million in 2014, Urbanize reported. Once the city approves its zone change and various requests, construction would take about 22 months.

The real estate company has several other projects in the works, including a Marriott hotel in Pasadena and the luxury Lido House in Newport Beach. Olson could not be immediately reached for comment.

Hollywood has been a fertile land for hotels, as upcoming inventory seems to be skyrocketing. Hotels in the pipeline include Richard Heyman’s seven-story structure down the block and a redeveloped Mark Twain Hotel courtesy of Hawkins Way Capital.  — Cathaleen Chen

Related Articles

Amoeba Musice is moving to Hollywood Blvd. (Photo Credit: Amoeba Music)

Vinyl still rules! Amoeba Records finds new Hollywood locale

1700 North La Brea Avenue (Credit: Google Maps and Getty Images)

PNK-linked developer eyes another Hollywood hotel project

Architect Simon Park and a rendering of the project (Credit: SSPSTUDIO ARCHITECTURE & URBAN DESIGN)

Boyle Heights slated for another mixed-use project

Monica Rodriguez orchestrated the nixing of a residential project set for the Verdugo Hills Golf Course (Credit: Google Maps, Wikipedia)

The threat of fire doomed this Tujunga resi project. Now the developer will sue

6550 South Normandie Avenue (Credit: Google Maps)

Haroni Investments to turn parking lot into new apartments

Michaekl Rapino of LiveNation, Richard LeFrak, and 7060 Hollywood Boulevard

Live Nation’s Hollywood exit leaves big hole for LeFrak

Council President Herb Wesson and a rendering of District Square

City will draw up “anti-displacement zone” ordinance

David Ryu with a Little Tokyo Galleria rendering

Under the (RE)influence: Councilman’s campaign funds scrutinized