UPDATED, 1:45 p.m., Nov. 4: A Beverly Hills-based developer wants to build a five-story mixed-use complex on the corner of Riverside Drive and Lankershim Boulevard in North Hollywood.
Fred Delijani filed plans Thursday for a 179-unit apartment building with 5,684 square feet of commercial space, city documents show.
A six-story office building currently sits on the 1.8-acre site at 10850 West Riverside Drive, but it’s under renovation, according to a spokesperson at Delson Investment, owned by Delijani’s cousins, Michael and Shahram Delijani. It’s unclear whether the residential units would be part of this property.
The Class C commercial building only has one tenant right now, the spokesperson told The Real Deal. Delijani acquired it in 2013, according to CoStar.
But Delson itself is uninvolved with the development, Shahram Delijani told TRD in a follow-up.
Of the 179 units proposed, eight would be reserved for very low-income households as part of a density bonus request.
Fred is the nephew of the late Ezat Delijani, known for buying and preserving historic theaters on Broadway.
Last month, developer Leon Kaplan filed plans for 23 condos in NoHo, on the corner of Cartwright Avenue and Chandler Bikeway.
Correction: This story has been updated to clarify that Delson Investment is involved with the project. Although Fred Delijani is part of the extended Delijani family, he is not part of Delson and he does not play a role in the family’s management of historic theaters.