When complete in fall 2017, the hub will have 24-hour storage for members and offer bike repair services, too.
The move is prompted by an incident earlier this year, when an Ellis-emptied apartment building was demolished, even though it was being investigated for renting out units on Airbnb.
Developer Scott Gillen plans to build a gated community on the site—and has brought Richard Landry on to help with the design.
It’s enough for a tiny studio in West Hollywood—or a roomy three-bedroom unit in Downey with a two-car garage.
It’ll go from 15 stories to 13 stories
The plans received unanimous approval from the commission, but local activists say they could do more to protect affordable housing.
Korman Communities plans to turn the project into a high-end extended-stay inn under the AKA brand. The AKA in Beverly Hills rents from $4,500 a week.
Construction could begin as soon as next year on the tower, which has met fierce opposition from some residents.
That’s more than $50K over the asking price, and it turns a nice profit for the actor/musician.
From Miracle Mile to North Hollywood, we’ve got five cute contenders for best $1,800 apartment.