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California Landmark beats appeal on 108-unit complex in Hollywood

California Landmark Group has beat back a union-supported appeal trying to block a 108-unit apartment complex in Hollywood.

The Los Angeles City Council rejected the appeal and approved an environmental study for the eight-story complex proposed by the West L.A.-based developer at 1201 North Gower Street, Urbanize Los Angeles reported. It would replace a 28-unit apartment complex.

Supporters Alliance for Environmental Responsibility, a Covina-based advocacy group tied to the laborer’s union, had argued the environmental study failed to account for potential impacts of construction, and said that entitlements had been improperly granted. 

Plans call for 108 one-, two- and three-bedroom homes above parking for 99 cars.

California Landmark employed density bonus incentives to permit a larger development than zoning rules allow in exchange for 16 affordable apartments for very low-income households.

The developer would add two units of low-income replacement housing to account for the building to be demolished.

The white Mediterranean-style complex, designed by PK Architecture, has inset balconies, courtyards and terrace decks.

Pending approvals, construction is expected to take 28 months.

The proposed apartment complex is one of several new housing developments in the works near Sunset Gower Studios, including a 169-unit complex planned to the south across Lexington Avenue, according to Urbanize.

California Landmark Group, founded by Ken Kahan in 1988, has developed more than 3 million square feet of residential and commercial real estate, primarily on the Westside, according to its website. The firm has also developed industrial properties in Ventura County.

His son Ari Kahan now leads acquisitions and development. The company is pondering deals in Culver City, El Segundo, Santa Monica and Beverly Hills — all cities exempt from L.A.’s Measure ULA transfer tax.

“We try to stay nimble,” Ken Kahan told the Los Angeles Business Journal after the firm opened a 100-unit apartment complex in Silver Lake in May. “The marketplace changes all the time; we try to do what others don’t. 

“We’re always trying to look at what’s new, what’s creative, what will work in the community and we’re not afraid to try new things.”

— Dana Bartholomew

Read more

  • California Landmark to replace Woodland Hills offices with 111 homes
  • California Landmark moves on 112-unit development outside Culver City
  • California Landmark scores $85M refi on LA apartments

The post California Landmark beats appeal on 108-unit complex in Hollywood appeared first on The Real Deal.

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  • 08 July 2024
  • The Real Deal
  • Uncategorized
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