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Two-Tower Development Next to Hollywood Palladium Gets First Big Approvals

For years now, Hollywood has been the major battleground for the Los Angeles anti-density activists looking to freeze the city in amber development-wise, and one of their most hated projects has just gotten its first major city approval. The LA Times reports that the Los Angeles City Planning Commission gave its approval last week to the Palladium Residences, a two-tower project set to rise on a parking lot next to the historic music venue from which it gets its name. (The venue will be rehabilitated as part of the project.)

The Palladium Residences is just one of the large new developments in the works that prompted anti-development activists to propose a ballot measure last month that seeks to halt new projects throughout the city that might alter the "character" of LA. But the Planning Commission applauded the project from developers Crescent City, which would put 731 residential units and 14,000 square feet of retail not far from public transit (including the Red Line subway) and add housing stock to a city that very desperately needs it. The project also includes nearly 2,000 car spaces and 820 bike parking spaces.

Unfazed by the decision last week, the AIDS Healthcare Foundation—neighbors and opponents of the Palladium project—tell the Times that the organization intends "to exhaust every possible avenue to stop this project and other similar ones which will destroy the character of Hollywood." Now that the Commission's given the ok to the Palladium towers, it's headed to the full City Council for approvals sometime next year.
· City planning commission backs two 30-story towers in Hollywood [LAT]
· Proposed Ballot Measure Seeks to 'Preserve' an Outdated Version of Los Angeles [Curbed LA]
· Hollywood's Palladium Towers to Include Palladium Restoration [Curbed LA]

Hollywood Palladium

6215 Sunset Blvd., Hollywood, CA