The LA Times is reporting that California Landmark Group will begin development of an 85-unit apartment building atop retail and restaurants on Melrose Avenue at Larchmont Boulevard. The West LA based real estate company recently purchased the 55,000 square foot vacant lot on the north side of Melrose (at El Centro) and plans on beginning construction on the project as soon as March 2013.
An 85–unit apartment complex atop shops and restaurants will be built near the main entrance to Paramount Studios by California Landmark Group. The project called the LC will be on Melrose Avenue across from the north end of Larchmont Boulevard. California Landmark expects to start work as soon as March and complete the $40-million project […]
LOS ANGELES–Those who follow @GlobeStcom on Twitter and @GlobeStLIVE may have seen a post teasing the announcement a few days ago, but GlobeSt.com has learned that Westwood, CA–based California Landmark Group plans to invest more than $75 million in the next 12 months in urban infill, multifamily development properties throughout Southern California. Ken Kahan, CLG CEO, tells GlobeSt.com that […]
CLG Hollywood, an affiliate of California Landmark Group, has begun construction of a 79-unit, $35-million apartment community located at 7928 Hollywood Blvd., just west of Fairfax Ave. and two blocks north of the City of West Hollywood. The project, slated for completion in Fall 2013, will be built by CLG Construction and managed by CLG Management, a spokesperson for CLG tells GlobeSt.com.
Developers in Los Angeles could get a break from a proposed city ordinance that would extend and streamline entitlement and permit approvals. The ordinance, set to go before the Los Angeles City Council next month, is part of a broader effort to make the city more friendly to developers.
A Westwood firm is making a $16 million bet on the San Fernando Valley’s apartment market.
