Sprouts-anchored mixed-use project rises in West Hollywood

Michael Talla, the property owner, is building the 3-story site

TRD LOS ANGELES /
Jan.January 03, 2019 02:00 PM
Renderings of 8550 Santa Monica Boulevard

A vacant, yet high-profile corner on Santa Monica boulevard in West Hollywood is slated to become a mixed-use complex by year’s end.

A three-story building is already taking shape, and will feature 16,000 square feet of office space upon completion, Urbanize reported.

There will also be a 25,000-square-foot Sprouts Market and 1,500-square-foot cafe. Wing, a women-only co-working firm backed by WeWork, is planning on leasing 11,000 square feet at the site.

Michael Talla, a local investor, is developing the project. He bought the 97,000-square-foot lot for an undisclosed amount in April 2015, property records show.

Talla is the co-founder and CEO of Cochise Capital, an L.A.-based investment firm with more than $450 million under management, according to its website. The firm also holds the Carlyle Residences near Westwood Village and the Sports Club Connection in Santa Monica in its portfolio.

Renderings by DLR Group, based in Kansas, depict a low-rise structure with a contemporary exterior and exposed concrete beams.

An initial proposal for the site called for multifamily residential units.

A few blocks north, a flurry of development projects are being proposed for the Sunset Strip. Most notably, Silver Creek Development recently revealed eye-catching renderings for a 15-story hotel and condo project on the site of the infamous Viper Room. The project would sit next door to the Arts Club, another new development slated for the strip. [Urbanize] – Natalie Hoberman


Related Articles

arrow_forward_ios
Space Investment Partners co-founders Mark Moshayedi and Ryan Gallagher with Westport Plaza (Credit: Connect California)

Playing small mall: New firm picks up shopping center in Costa Mesa

The top sales of last week were all on the Westside

Here are the 5 priciest resi sales in LA County last week

Barings Head of Alternative Investments Anthony Sciacca, and DWS Head of Americas Bob Kendall (Credit: Google Maps)

DWS Group pays $100M for WeHo resi complex

Richard Bloom and a rendering of Lowell Farms Cannabis Cafe (Credit: Lowell Farms, iStock)

Cannabis lounges bloom in WeHo, and not everyone is happy

DH Holdings founder David Horenstein and Conejo Gateway

Local firm plans to expand Thousand Oaks retail plaza after $18M purchase

Jason Illouian and the property (Credit: Faring Capital and Google Maps)

Faring advances plan for 271K sf cancer center where it had eyed boutique hotel

Hollywood & Highland, Gaw Capital Chairman Goodwin Gaw and DJM founder John Miller

CIM Group sells Hollywood & Highland mega-complex for $325M: sources

Rick Edwards, partner at Seagrove Property Group and the property

Foreign investor drops $13.7M on fully leased shopping center in San Gabriel Valley

arrow_forward_ios