Another Hollywood parking lot may soon bite the dust: a new apartment building has been proposed for the surface lot just north of Hollywood Boulevard, between Cherokee and Las Palmas. Dubbed the Hollywood Cherokee Apartments, developer Champion Real Estate is proposing to build a six-story, 225-unit building with three levels of subterranean parking on the irregularly shaped lot. The project is being proposed as mixed-use, but just barely, with only 378 square feet set aside for commercial space on the partially underground first floor (big enough for a coffee bar, we guess?).
The developers will be requesting a density bonus to build more units than allowed by the code, plus permission to build higher than the 60 feet allowed, and with no setbacks from the sidewalk on either the Las Palmas or Cherokee sides. In exchange, they are setting aside 11 percent of the units for very low-income residents. The building would include 202 one-bedroom units and a handful of studios, two-, and three-bedroom apartments and townhouses with a range of square footages, and planned amenities include a dog run, pool, entertainment room, gym, and "meditative yoga deck." Parking would be provided for residents, plus 124 spaces open to the public. The Hollywood Hills West Neighborhood Council's Planning and Land Use Management committee will consider the project next week.
· Hollywood Cherokee Apartments [HHWNC]