The massive, three-building mixed-use project of Sunset Junction has been moving forward doggedly for more than two years, even though it's really unpopular with the neighborhood. (Developer Frost/Chaddock wants to add 310 units and 16,000 square feet of retail, plus a public plaza on three non-contiguous sites along Sunset.) But a press release from Save Sunset Junction, a group of community activists working to "scale back" the project, has shared that the neighboring Silverlake Conservatory of Music, which was cofounded by Red Hot Chili Peppers bassist Flea, is making "an above-market-rate offer" to buy part of the land that F/C plans to build on, so that F/C would have to shrink their project back.
The amount of the offer hasn't been disclosed, but the Conservatory's hoping to buy the empty plot at 4000 Sunset that's slated for a five-story mixed-user (shops on the site were abruptly demolished in 2011), says Eastsider LA. If F/C took the Conservatory up on the offer, the music school would build a large, permanent home there (just a short distance from their current home). But F/C isn't interested, saying that the land is not for sale.
Developers and people from the Silverlake Conservatory will be meeting tomorrow with the neighborhood council to discuss the project, known as Junction Gateway.
· Flea's Silver Lake music school enters Sunset Junction development battle [ELA]
· Town Hall Meeting Information [SLNC]
· Here's the New Look For Three Sunset Junction Gamechangers [Curbed LA]