Townscape moves closer to demolishing landmark Hollywood bank

The mixed-use project, designed by Frank Gehry, would replace Lytton Savings Bank on Sunset Boulevard

Los Angeles /
Oct.October 19, 2018 10:15 AM
Frank Gehry and a rendering of 8150 Sunset Boulevard

UPDATED, Friday, October 19, 1:30 p.m.: Developer Townscape Partners is one step closer to demolishing a landmarked bank in Hollywood, to make way for a large mixed-use development designed by Frank Gehry.

This week, Townscape filed a permit with the city to raze Lytton Savings Bank on Sunset Boulevard, following a court battle with the Los Angeles Conservancy, which has been fighting to save the 1960s-era bank designed by Kurt Meyer. Located at 8150 Sunset Boulevard, it was designated a Historic Cultural Landmark in December 2016. Such a designation does not preclude demolition, however, but often dictates that certain aspects of the building be preserved or documented through photographs.

Townscape wants to replace the building with a 229-unit mixed-use complex, with 65,000 square feet of commercial space. The tallest building in the complex would be 178 feet. Gehry’s distinctive hand is evident, with the design showing his penchant for twists, bulges and waves.

In June, an appeals court judge denied the conservancy’s petition to stop the demolition, effectively ending the group’s two-year court battle with the city and developers, according to Curbed.

The conservancy sued in late 2016, after the City Council approved Townscape’s project, arguing that the city violated the California Environmental Quality Act by not requiring the development team to incorporate the bank into the new project’s design.

Preservationists have been turning to landmark designations to stop development. A group in Venice filed for monument consideration for a historically black church there, which billionaire heir and media mogul Jay Penske wants to largely replace with a massive single-family home.

The bank on Sunset Boulevard was completed in 1960 and has a folded plate concrete roof. The L.A. Conservancy claims it “exemplifies a transformative shift in bank design after World War II.”

Correction: An earlier version of this story incorrectly stated that a city document was filed this week to make Lytton Savings Bank a Historic-Cultural Landmark. The bank was designated a such a landmark in late 2016. The most recent filing was part of a demolition permit.


Related Articles

arrow_forward_ios
Neil Shekhter (Shekhter by Kevin Scanlon; iStock)
Santa Monica mega-portfolio officially hits market
Santa Monica mega-portfolio officially hits market
NMS Properties' Neil Shekhter and renderings of 1325 6th Street, 1437 6th Street, 1430 Lincoln Blvd. and 1318 Lincoln Blvd. in Santa Monica (Kevin Scanlon, WSC)
City for sale: Shekhter looks to unload mega-portfolio in Santa Monica
City for sale: Shekhter looks to unload mega-portfolio in Santa Monica
Bob Champion and a rendering of the Hollywood tower (Champion, Togawa Smith Martin via Urbanize)
Developer’s 269-unit Hollywood tower project finally approved
Developer’s 269-unit Hollywood tower project finally approved
Sean Burton and a rendering of the project (Cityview, Humphreys & Partners Architects)
Cityview secures funding for nearly 300-unit complex near USC
Cityview secures funding for nearly 300-unit complex near USC
Continuum CEO Mark Falcone and a rendering of the project (EYRC Architects via Urbanize)
Continuum Partners, Platinum Equities plan Arts District office tower
Continuum Partners, Platinum Equities plan Arts District office tower
Rendering of 577-unit District Square project in South L.A. (Los Angeles Department of City Planning, iStock)
Judge orders LA to reconsider Charles Co.’s District Square project
Judge orders LA to reconsider Charles Co.’s District Square project
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
Forme Development President Damon Chan and rendering of 550 Shatto Place (Forme, Gensler via Urbanize)
Going up: Koreatown tower project developers boost plans
Going up: Koreatown tower project developers boost plans
arrow_forward_ios

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

Loading...