Amoeba Music wants to sell records — plus weed — in Hollywood

The iconic music store is looking at three nearby options

Los Angeles /
Jun.June 19, 2018 08:00 AM
Amoeba co-founders Marc Weinstein & David Prinz and the Sunset Blvd location (Credit: Amoeba)

Amoeba Music, known for its wide-ranging music products and frequent artist signings, has narrowed down the search for its next location. But a different address isn’t the only whiff of change customers might notice from the new spot.

Co-owners Marc Weinstein and Dave Prinz said they plan on acquiring a marijuana dispensary permit for the new store, Variety reported. Customers 21 years or older would be able to purchase weed for recreational use.

The owners are exploring three nearby properties, each around 20,000 square feet and located “within blocks” of the store’s existing spot at 6200 Sunset Boulevard in Hollywood. The new location is expected to be roughly 15 percent smaller than the current spot.

The company’s recent venture into recreational marijuana follows a similar move from its Berkeley branch up the coast in Northern California. That location started selling weed on May 10 from Hi-Fidelity, an environmentally friendly boutique dispensary next door.

Weinstein and Prinz sold the Hollywood store to Brentwood-based developer GPI Companies for $34 million in 2015. They’ve been leasing the space back ever since, and are expected to move out early next year.

GPI is planning a 28-story residential complex in its place. The 231,000-square-foot project would include 232 apartment units, as well as 7,000 square feet of commercial space. [Variety] — Natalie Hoberman


Related Articles

arrow_forward_ios
Victor Coleman and a rendering of the project (Credit: Gensler via Urbanize)

Hudson Pacific wins key approval for 500K sf Hollywood studio expansion

Hudson Pacific wins key approval for 500K sf Hollywood studio expansion
A rendering of the project (Credit: Yorkwood, LLC)

Developer plans 137-unit complex in Hollywood

Developer plans 137-unit complex in Hollywood
Gaw Capital Chairman Goodwin Gaw and DJM founder John Miller with a rendering of the project

An analysis of rent rolls at Hollywood & Highland

An analysis of rent rolls at Hollywood & Highland
Bob Iger, Reed Hastings and (clockwise from top left) Sunset Las Palmas, Sunset Bronson and Sunset Gower Studios (Getty, Google Maps)

Here’s what Netflix, Disney and CBS pay at their Hollywood digs

Here’s what Netflix, Disney and CBS pay at their Hollywood digs
Bernard Huberman and Hollywood’s Television Center (BLT, Television Center)

BLT Enterprises buys Hollywood’s Television Center for $64M

BLT Enterprises buys Hollywood’s Television Center for $64M
Photo illustration of Hudson Pacific Properties CEO Victor Coleman and Blackstone Group President Jonathan Gray (Coleman by Rich Polk/Getty; Gray by Drew Angerer/Getty; Top Gun by Paramount Pictures/Sunset Boulevard/Corbis/Getty)

Inside Hudson Pacific and Blackstone’s field of streams

Inside Hudson Pacific and Blackstone’s field of streams
Phillip Aarons and a rendering of the project (Credit: Patrick McMullan via Getty Images)

Earth shaking news: Hollywood Center megaproject on active fault line

Earth shaking news: Hollywood Center megaproject on active fault line
6725 West Sunset Boulevard in Hollywood and Vanbarton Group's Richard Coles (Credit: Google Maps)

Vanbarton’s Sunset Boulevard office complex goes to special servicing

Vanbarton’s Sunset Boulevard office complex goes to special servicing
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...