Another developer is reading the writing on the wall in the Los Angeles office market and tweaking its development plans accordingly. The Charles Company has updated its plans for the vacant Melrose Triangle site at 9060 Santa Monica Boulevard in West Hollywood, nixing a proposal for offices entirely and doubling down on residences on the city’s main thoroughfare, Urbanize Los Angeles reported. The Charles Company began excavation at the site in 2021, but the hole has been empty in the five years since then. Plans to redevelop the site have floated around for more than a decade and undergone several […]
This article originally appeared on The Real Deal. Click here to read the full story.
Powered by WPeMatico