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The Real Deal Los Angeles

Developer wants to build 735-unit project opposite stalled East Hollywood Target

The 850K-sf project would have nearly 100K sf of commercial space
March 16, 2017 11:30AM

The site at 5420 W Sunset Boulevard

A developer wants to building a massive mixed-use project opposite the troubled Target site in East Hollywood.

An LLC connected to American Commercial Equities, a Malibu-based real estate firm with assets across Southern California and Hawaii, filed plans Tuesday to build 735 apartments and 95,800 square feet of commercial space at 5420 W. Sunset Boulevard, Urbanize reported.

The project would replace an existing shopping center that’s anchored by a Food 4 Less market.

The new complex, at the intersection of Sunset and N. Western Avenue, would span a total 845,868 square feet and rise 75 feet, city documents show. It can be built as of right, without zoning or general plan variances, Urbanize said.

Meanwhile, plans to build a huge Target store across the street are still in construction limbo, since Target remains locked in a legal battle with preservationists. [Urbanize]Cathaleen Chen