Hollywood is not showing any signs of slowing down at the year's end. Applications filed this month show that a lot at the southeast corner of Yucca Street and Argyle Avenue, near the Capitol Records Building, is on its way to becoming a 21-story mixed-use residential tower with 277 units and 3,300 square feet of commercial space at street level, says Building LA. This latest tower is the third now on its way to the intersection of Argyle and Yucca.
At the northeast corner, a 16-story Kimpton hotel is set to rise on the site of an office building and parking lot. On the southwest corner, near the iconic Capitol Records, a 16-story mixed-user is scheduled to go up. The only corner without plans to sprout a tower at this intersection is the one occupied by an LADWP facility.All the projects are just a stone's throw from the giant Millennium Hollywood project, which is supposed to deliver two towers up to 39 stories on the Capitol Records block if it can ever work out its seismic issues.
All four projects are near that frightening Hollywood Fault—the three at the intersection are not so close that they can't be built, but they are near enough that developers will have to perform plenty of seismic tests (phew).
· Another High-Rise for Hollywood [BLA]
· 6230 Yucca[Curbed LA]
· Mapping the Out-of-Control Hotel Boom About to Hit Hollywood [Curbed LA]