GPI Cos. approved for Amoeba Music redevelopment plan, with caveats

Firm's 26-story resi tower in Hollywood must include a parking redesign, changes to affordable designation

TRD LOS ANGELES /
Mar.March 18, 2019 10:00 AM
GPI companies founders Cliff Goldstein and Drew Planting, with a rendering of the project (Credit: GPI Companies via Curbed)

GPI Companies’ plan to replace the legendary Amoeba Music store in Hollywood with a 26-story apartment tower was approved with a couple of key caveats.

The Los Angeles City Planning Commission voted to support the firm’s 200-unit plan provided GPI redesign its parking component and designate its affordable units for those most in need, Curbed reported.

Located at 6400 Sunset Boulevard, the proposed tower would include 7,000 square feet of retail space. As it stands, the Johnson Fain-designed building would hold 277 parking spots at an above-ground podium structure.

GPI paid Amoeba’s founders $34 million to acquire the site in October 2015. It is still unclear where in Hollywood the music retail store will relocate.

Last week, commissioners requested GPI comes up with a way to hide some of the parking from view. Commissioners also requested the 10 affordable units already set aside be reserved for extremely low-income residents.

The Planning Commission also unanimously denied an appeal from the Coalition to Preserve L.A., a housing organization connected to the AIDS Healthcare Foundation. The appeal stated that the city incorrectly designated the redevelopment plan a Sustainable Communities Project, and that the 5-percent of units set aside as affordable failed to meet housing mandates. [Curbed]Natalie Hoberman


Related Articles

arrow_forward_ios
The former Omega Cinema Props warehouse on Santa Monica Boulevard and the Hollywood Forever Cemetery (Credit: Google Maps, Hollywood Forever)

Warehouse complex will get new life next to Hollywood Forever Cemetery

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

A rendering of the proposed hotel project on Whitley Street (Credit: Daryoush Safai)

Reservations: Hollywood hotel project faces appeal from rent control tenants

AIDS Healthcare Foundation CEO Michael Weinstein and the Amoeba Music store (Credit: Getty Images and Wikipedia)

Amoeba Music owner says landmarking effort by nonprofits is ploy to prevent resi development

5525 W. Sunset Boulevard (Credit: Google Maps and iStock)

Going bigger: Reliable Properties adds 100 units to Hollywood resi project plan

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

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

Hillview Hollywood, Jesse Lasky , Samuel Goldwyn , Adolfo Suaya (Credit: Wikipedia and Getty Images)

Historic Hollywood building in Opportunity Zone becomes latest repositioning target

arrow_forward_ios