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$1B Hollywood Center Development Advances
MP Los Angeles’ proposed $1-billion Hollywood Center project at Hollywood and Vine is a step closer to becoming a reality. The Final Environmental Impact Report (FEIR) was released by the City of Los Angeles for the mixed-use development.
“We appreciate the ongoing and thoughtful dialogue around this project and celebrate the milestone that the release of the FEIR represents, as it brings Hollywood Center one step closer to delivering a bright future to the community,” says MP Los Angeles’ Mario Palumbo.
The report follows a public hearing in which a diverse group of stakeholders, including Los Angeles’ leading nonprofit service providers, members of the business community, and labor representatives, expressed support for the project proposed for the surface parking lots surrounding the Capitol Records Building in Hollywood.
The 4.5-acre, LEED Gold Certified community is envisioned to include two buildings of 35 stories and 46 stories, two mid-rise buildings of 11 stories each, and a total of 1,005 residential units.
For comments, questions or concerns, please contact Dennis Kaiser
- ◦Development




