Hanover Company planning 270-unit apartment complex on Sunset

Seven-story Hollywood building to include retail

Jan.January 05, 2018 12:15 PM
Renderings of Hanover Company’s seven-story apartment building

New renderings emerged Friday of Hanover Company’s proposed 270-unit apartment building slated to replace a Hollywood strip mall.

The seven-story, Steinberg Architects-designed project at 6200 Sunset Boulevard would include about 12,000 square feet of “neighborhood-serving commercial retail and restaurant uses,” as well as parking for 361 vehicles, according to the draft environmental impact report cited by Urbanize LA. The complex will contain 58 studios, 158 one-bedrooms and 54 two-bedrooms.

Amenities include a club room with bar and kitchen, two roof decks, a pool, a fitness center and a screening room. The site’s 1.24-acre lot sits at the corner of North El Centro Avenue.

The building would be the fourth of Hanover’s projects in Los Angeles and features a modern contemporary design, similar in look and scale to its 1000 Grand Avenue and Hanover Olympic projects in Downtown L.A.

Construction is expected to take 26 months and wrap up in 2021. Hanover first filed for the development in 2015.

The Houston-based company’s project is the latest of a slew of multifamily developments in Hollywood, where rents have skyrocketed due to a major housing boom. 

It would rise a few blocks from M capital Partners’ 89-unit luxury complex “The Lombardo” and GPI Capital’s planned 28-story residential tower at the Amoeba Music site.  [Urbanize] — Dennis Lynch

Related Article

Mill Creek Residential CEO William MacDonald and Modera West LA (Credit: iStock)

One of nation’s biggest apartment builders scores $165M refi on West LA development

From left: Canyon Crest Views Apartments and Sunset Ridge Apartments

Multifamily investor Afton Properties adds nearly 1K units to portfolio

Blackstone CEO Stephen Schwarzman and TruAmerica CEO Robert Hart

Blackstone digs deeper into SoCal with massive rental portfolio buy

Holland Partner Group CEO Clyde Holland and a rendering of the Hollywood project

Holland Partner Group’s Hollywood apartment project faces labor union challenge

1723 N Wilcox Avenue (Credit: Google Maps)

Hollywood hotel construction craze: Developer abandons apartment project for hotel instead

5800 Green Valley Cir, Culver City (Credit: Google Maps)

Jones & Jones buy multifamily property in bustling Culver City

Daniel Wrublin (right), principal of Dalan Management and Gregory Fowler, managing partner at FPA Multifamily with The Vue Apartment Homes in San Bernardino

A strong industrial market in San Bernardino is spurring a multifamily boom

Michael Sorochinsky, Steven Fifield, Mike Parrell, and Next on Sixth

Big deal: Sam Zell’s Equity Residential buys 398-unit Koreatown resi complex