Eastside Real Estate & Development News
Welcome to a digest of Eastside real estate news, development and people. In this week’s issue:
Plans to transform a Silver Lake church into a boutique hotel took a step forward. The Bob Baker Marionette Theater – formerly of Echo Park – is headed to Highland Park. And the site of a former Ford dealership in Los Feliz is finally being plowed up in anticipation of building 202 residential units.
Real Estate Roundup
Six townhouses and about 1,000 square feet of ground-floor office/retail commercial space are to replace an empty building at 1525 Colorado Boulevard, according to Urbanize, which cited a recent environmental study. Plans for the building have it at near 47 feet tall on an approximately 9,400 square-foot lot.
The Bob Baker Marionette Theater has found a new home, according to The Eastsider. Only a few months after shutting its longtime space in Echo Park, the theater announced it will be heading to an old movie theater on York Boulevard. Puppet performances are scheduled to start this summer in the 1920s Art Deco theater building, which was most recently used as a Korean church. Last summer the building went up for for sale and was sold in November for $2.5 million, according to tax assessor information. Meanwhile, back on the southern edge of Echo Park at 1st Street and Glendale Boulevard, the theater’s old home will be replaced by approximately 100 residential units.
Progress has been made on the City Lights project, the proposed 202-unit residential complex at the northwest corner of Hillhurst and Hollywood Boulevard. The blacktop has now been plowed up throughout the large parcel, with the old Auto Zone at the southeastern corner of the plot having been torn down this winter. Plans call for five stories of residential units, with underground parking and commercial and retail space. The plan has not been without controversy, however. Neighbors have said the architecture is inconsistent with the rest of the neighborhood, and that the 400 or so parking spaces planned for the complex would not be enough. The project qualifies for “relaxed” parking requirements because it is close to the Vermont/Sunset Red Line station.
Plans are moving forward after all to convert the Pilgrim Church on Griffith Park Boulevard into a boutique hotel, with restaurateur Dana Hollister still very much involved, according to The Real Deal. Hollister recently filed plans to convert the 88-year-old building Pilgrim Church at Griffith Park Boulevard and Lucile Street into a 25-room hotel with a restaurant and bar, as has been the plan for quite some time. This comes a few months after Hollister had put her interest in the project up for sale last December after losing a costly legal battle to pop star Katy Perry and the Catholic church.
Three lots are up for sale at the 1000 block of Myra Avenue, with plans attached for a 27-unit project, according to Redfin. The lots total about 16,875 square feet. The project plans were designed by Jay Vanos Architects.
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That’s it for this issue of Real Estate Monday. We’re taking off next Monday but will return after the holiday.
— Barry Lank & Jesús Sanchez
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