Final Environmental Impact Report
Project Description: The proposed project involves demolition of the existing parking lot and construction of an approximately 197,503-square-foot mixed-use development that would rise to 20 stories, a height of 270 feet, and would contain one subterranean parking level. The proposed building would contain 176 residential units, 7,200 square feet of retail space, 345 structured parking spaces, and accessory uses. The proposed project would potentially include a 2-foot street dedication along Hollywood Blvd. and a 5-foot dedication along the southern half of the Gower St. frontage. A 5-foot merger is being requested along the northern half of the Gower St. frontage. The project site is currently zoned C4-2D-SN and C4-2D. The existing D limitation restricts total Floor Area Ratio (FAR) on the project site to 2:1. Applicant proposes to rezone the project site such that the current D limitation would be removed and replaced with a D limitation allowing a maximum FAR of 4.5:1. Structured parking would be located on the subterranean level through the fourth floor. The ground floor would include approximately 7,200 square feet of street-level retail space and a residential lobby. Parking access would be on the ground level along Gower. Levels five through 20 form the residential tower, including amenities. Total open space would be approximately 19,275 square feet, which meets the LA Municipal Code (LAMC) requirements.
