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The Real Deal Los Angeles

These were the five biggest construction projects filed in October

CIM Group has 2 on the list, but California Home Builders topped them in Warner Center
By Dennis Lynch |
Research by Haru Coryne
November 14, 2018 01:00PM

Clockwise from top left: The Q West, SP7 Apartments, 1500 South Granville Avenue and Harlow. (Shovel credit: iStock)

The top construction permits issued in Los Angeles County last month include a large mixed-use project in Warner Center and two projects by CIM Group.

The five permits are together worth almost $145 million, according to the Los Angeles Department of Building and Safety. All of them were filed within the City of Los Angeles.

1. The Q West | $63.8M | 6263 N. Topanga Canyon Boulevard

The Q West is the larger of a pair of sister projects about a mile apart in Warner Center by California Home Builders, where the firm has been busy recently. The other is the aptly named Q East, which received permits in May.

The Q West will rise at near the Westfield Topanga mall and have 343 apartment units as well as retail and office space on the ground floor. California Home Builders is also planning a 358-unit project nearby on De Soto Avenue.

2. 1500 Granville Avenue | $38M

The 154-unit mixed-use project at 1500 Granville Avenue in West L.A. is the larger of two sizeable developments that CIM received permits for last month. CIM filed for the project about a year and a half ago.

The development is next door to a 147-unit project that CIM Group is building. The two projects together replace a former Ford dealership. CIM Group secured a 35 percent density bonus from the city for incorporating 16 “very low-income” units into the five-story project.

3. 926 Sycamore Avenue | $15.9M

CIM Group’s other project among the top five is an eight-story multimedia production and office building on Sycamore Avenue in Hollywood. The firm looks to wrap up construction by the end of 2020. The firm filed for the development in January and until July planned 45,600 square feet of office space above five stories of parking, along with ground-floor retail. By October, CIM had applied with the city to convert 16,000 square feet of parking over to multimedia production space. The application also made no mention of ground-floor retail.

4. Sunset Las Palmas Parking Structure| $10M | 1010 N. Sewart Street

Hudson Pacific Properties secured permits for the parking structure portion of its 575,000-square-foot Sunset Las Palmas Studio campus development in Hollywood. The six-story structure will be around 143,200 square feet. HPP is currently building a 128,000-square-foot office project with a completion date in 2020. It started marketing the project in July. HPP acquired the studio campus site in May 2017 for $200 million.

5. 4050 S. Figueroa Street | $9M

Rounding out the top five permits of October is a $9 million permit for a 57-unit affordable housing and office project near Exposition Park. The five-story project will have four stories of apartments above ground floor office space and subterranean parking. The developer is an entity called the Los Angeles Community Reinvestment Committee, which purchased the site in 2005 for $1.1 million.