Hollywood Palladium Towers Approved Amidst Opposition
Hollywood Palladium Towers is a mixed-residence slated for construction. It was dubbed as a shining example of excessive spending by advocates of the Neighborhood Integrity Initiative. However, despite the threat of the anti-development initiative on a future ballot, the Los Angeles City Council proceeded to approve the highly divisive two-tower project.
The LA Times reported that the Council voted 12 to 0 in favor of developers Crescent Heights in acquiring the height district and zoning changes they needed to continue with the project. The approved measure will include twin 28-story towers and the remodelling of the adjacent Hollywood Palladium venue. Developer representatives said that the decision would make the renovation process proceed more smoothly for the historic Palladium.
Hollywood Chamber of Commerce president and chief executive said that completing the Hollywood Palladium Residences' 731 units would help solve the intense inventory shortage Los Angeles is going through. The project, at 6215 Sunset Blvd., would take up a 3.6-acre site that occupies a block bounded by Selma, Argyle and El Centro avenues and an area already taken up by an existing business on the northwest corner, according to Fox.
However, opponents had criticized the size and density of the Hollywood Palladium Towers project, saying it is unsuitable for the area. An attorney for the AIDS Healthcare Foundation, which appealed for the project and which building is located adjacent to the proposed site, was challenged. She told the LA Times that they are considering all their legal options. She also said that they were not surprised that this would just be rubber stamped. The AIDS Healthcare Foundation had also worked with the Coalition to Preserve LA to get the NII on the March 2017 ballot, where it is expected to be have a lower, more favorable voter attendance than its previous November date, according to Curbed Los Angeles.