search

The Real Deal Logo

Trending

HGTV’s “Mr. Flip It” gets four years in jail for $10M fraudHGTV’s “Mr. Flip It” gets four years in jail for $10M fraudLawmakers reach sweeping housing deal with “good cause eviction,” new 421aLawmakers reach sweeping housing deal with “good cause eviction,” new 421aCity Council approves zoning change to greenlight casinosCity Council approves zoning change to greenlight casinosH-E-B snags 21 acres in Celina, hinting at development boomH-E-B snags 21 acres in Celina, hinting at development boom
Los Angeles

LaTerra drops 15-story hotel tower from sprawling mixed-use project in Burbank

The LaTerra Select Burbank will still include apartment, hotel and retail portions

Charles Tourtellotte and a rendering of LaTerra Select Burbank (Credit: City of Burbank)
Charles Tourtellotte and a rendering of LaTerra Select Burbank (Credit: City of Burbank)

LaTerra Development is reconfiguring its mixed-use development in Burbank, and has decided to eliminate its planned 15-story hotel tower.

A draft environmental report reveals the developer cut the 307-key hotel tower from its LaTerra Select Burbank project, Urbanize reported. The Los Angeles firm’s eight-acre project that will still include apartment, hotel and retail components.

Located at 777 Front Street near the Burbank Metrolink station, the project will include 573 apartments spread among mid-rise buildings, according to Urbanize. Though the tower was eliminated, the hotel portion will remain. There will also be a retail, recreational spaces and parking.

Sign Up for the undefined Newsletter

Urban Architecture Lab is designing the project, scheduled to be completed by 2025.

Earlier this week, LaTerra Development filed plans for a new multifamily project in Mar Vista.

LaTerra, led by CEO Charles Tourtellotte, also has other residential projects planned around the county. In East Hollywood, the firm is working on a pair of developments that will bring 246 units to the booming area. Farther west, LaTerra is planning a 71-unit project on Santa Monica Boulevard.

Its investment in Burbank comes as CC Development Partners plans its 16.5-acre mixed-use project in the area. The joint venture, comprised of Crown Realty and Development and Arrow Retail, is working on a $400 million project that will bring 1,100 apartments and a hotel to Burbank. [Urbanize] — Natalie Hoberman

Tags
BurbankHotel