Downtown development king Onni plans massive hotel in Glendale

The Canadian developer’s previous proposal for the site was 600-unit apartment tower

Aug.August 29, 2019 05:00 PM
Aerial view of 611 N. Brand Boulevard and Rossano de Cottiis (Credit: Hunter Kerhart Architectural Photography)
Aerial view of 611 N. Brand Boulevard and Rossano de Cotiis (Credit: Hunter Kerhart Architectural Photography)

Onni Group could soon become Glendale’s largest hotelier.

The Canadian developer, best known for building commercial and residential towers in Downtown Los Angeles, now wants to construct an 857-unit hotel at 611 North Brand Boulevard, according to Urbanize.

The hotel project is a change of direction from its original plans, which called for constructing a 600-unit apartment building. Currently, a 400,000-square-foot office tower that has WeWork as a tenant exists on the site. Onni bought the property for $83 million two years ago, and would demolish the building to make way for the new structure.

Planning applications published by Glendale city officials reveal the project is in the design review stage, and would include two new buildings connected by a podium. There would be 7,500 square feet of retail space, including a restaurant.

Onni’s hotel project would far eclipse other hotels in the area. The largest, a Hyatt Place, is 173 rooms.

The developer has been on an expansion tear, picking up properties and making redevelopment plans across L.A. and Orange counties. Earlier this year, Onni acquired the massive Wilshire Courtyard in Miracle Mile. Though its purchase price remains unknown, the firm secured a $550 million acquisition loan for its acquisition in June.

In recent years, its bread and butter has been multifamily development. As of February, the firm was on track to deliver about 1,250 units by the end of the year in Downtown alone, including a 700-unit, 60-story residential tower at 1000 S. Hill Street. [Urbanize] — Natalie Hoberman

Related Articles

Terranea Resort President Terri Haack and the resort

Resort owner Long Point Development spends big to defeat worker protection ballot measure

The 63-unit 1001 Melrose apartment complex in Glendale

Multifamily investor lists Glendale complex for 25% more than he paid

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

Reservations: Hollywood hotel project faces appeal from rent control tenants

Glendale Mayor Ara Najarian and City Hall

No more “party house” in Glendale if new Airbnb law passes

Atlas Hospitality Group president Alan X. Reay and Downtown Los Angeles, with construction development rising above the L.A. Convention Center at the right (Credit: Wikimedia)

Keyed up: LA’s hotel development outpacing the rest of California

Architect Michael Kollin and the planned Lasky Hotel

This boutique hotel will replace Maison 140 in Beverly Hills

WeWork’s Adam Neumann and Onni Group President Rossano de Cotiis with a rendering of Wilshire Courtyard (Credit: Getty Images and Michael Maltzan Architecture)

Onni inks lease with WeWork after closing on massive Wilshire Courtyard purchase

Onni Group President Rossano de Cotiis, Decron Properties President & CEO David Nagel and Ocean Plaza

Decron is unloading CRE assets ahead of potential statewide property tax hike