Are Sunset Junction developers LA’s most patient real estate players?

Frost/Chaddock Developers files building permits for yet-to-be-approved development

TRD LOS ANGELES /
Aug.August 16, 2017 02:15 PM

For some builders, five years is too long to wait for a project approval. But Frost/Chaddock Developers can wait longer.

The firm filed for a building permit for its project on 4311 Sunset Blvd. earlier this summer — despite the fact that the development has not yet been approved after six years in the pipeline.

It first filed plans for a three-building Sunset Junction development in late 2011, Curbed reported. Then, after years of pushback from Silver Lake activists opposed to the project, Frost/Chaddock filed the final draft of the environmental impact report in May.

The four-story structure will replace the current Bates Motel, which was purchased by Frost/Chaddock in 2009. The developer originally planned for a 149-unit project and later cut it down to 122 apartments before eventually filing for only 108 residential and commercial units.

Frost/Chaddock is also considering changing plans for the structure on 4000 Sunset Blvd. after the city approved a 95-key hotel as an alternative to the 84-unit apartment building.

The city will not sign off the building permit until all the entitlements are received. It is still unclear when or whether construction will break ground. [Curbed] – Naiwen Tian


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