San Gabriel developer gets zone change for Pico-Union hotel project

The property will replace a parking lot and a grocery store

TRD LOS ANGELES /
Aug.August 17, 2017 05:00 PM
2268 W. Pico Boulevard (credit: Google Maps)

San Gabriel-based developer Tauan Chen is one step closer to building a 125-key hotel in the Pico-Union neighborhood.

The Los Angeles City Council approved a zone change request Tuesday to allow for the project, at 2268 W. Pico Boulevard, Curbed reported.

Councilmember Gil Cedillo of the 1st District filed a motion in June for the department to consider the zone change.

The project would “enhance the immediate neighborhood and surrounding community by providing amenities on the ground floor, such as a restaurant and meeting space, as well as much needed reasonably priced hotel rooms west of the 110 Freeway serving visitors to the Convention Center,” he wrote at the time.

An entity connected to Chen, which also owns a Holiday Express Inn in Westlake, purchased the half-acre site for $4.4 million last year.

If approved, the hotel will be one of just four in the Pico-Union neighborhood, which is populated mostly by rundown retail stores and restaurants, according to the motion. [Curbed] – Naiwen Tian


Related Articles

arrow_forward_ios
Jason Illoulian and the Cemex plant

Faring makes $30M assemblage play on WeHo/LA border

From left: Nuveen CEO Vijay Advani, Graymark founder/CEO Brian Hecktman

Graymark, Nuveen pay $97M for El Segundo creative office

La Mirada industrial building

Clarion pays $77M for La Mirada industrial project

Greenland exec Hu Gang and Metropolis Tower III (Credit: BuzzBuzzHome)

Greenland opts to go rental at Metropolis tower in DTLA

510 Park Avenue and CEO of Monster Beverage Rodney Sacks

Monster Beverage affiliate guzzles down industrial project in San Fernando

Equity Residential CEO Mark Parrell and a rendering of the 4th and Hill tower

Equity Residential’s long-stalled DTLA residential tower project is back

Terreno Realty Chairman & CEO W. Blake Baird

Terreno Realty makes another industrial play in LA

Los Angeles City Planning Commission President Samantha Millman and a rendering of the Flower Market project (credit: Brooks + Scarpa and Twitter)

Development bloom: SoCal Flower Market mixed-use project in DTLA clears hurdle

arrow_forward_ios