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Plans scrapped for $1 billion Hollywood Center towers development

2024-05-02T17:31:00-04:00

New York-based developer Millennium Partners has withdrawn their proposal for the $1 billion Handel Architects-designed Hollywood Center in Los Angeles. The two-tower scheme that was planned for parking lots adjacent to Welton Becket’s iconic Capitol Records building would have been the tallest in Hollywood, standing at 46 and 36 stories each and containing a total of 1,005 residences, but will now be scrapped in favor of a potential new hotel development as per Urbanize LA’s reporting this morning.

The decade-old scheme had been progressing despite a negative Environmental Impact Report and the late discovery of concerning fault lines beneath the property. Millennium Partners said: "While we have made the decision for now not to move ahead with our vision to build housing on the surrounding surface parking lots, we remain committed to working to make the Hollywood community a better place to live and work and to help Hollywood realize its full potential as the entertainment capital...

Hollywood Center Project near Capitol Records Building moves forward

2020-04-21T11:59:00-04:00

A proposal to build a large high-rise complex near Hollywood and Vine continues to move forward, according to a draft environmental impact report published by the City of Los Angeles. The Hollywood Center development, which would replace parking lots adjacent to the Pantages Theatre and Capitol Records Building, is being developed by MP Los Angeles - an affiliate of Millennium Partners.

Handel Architects and James Corner Field Operations are the collaborating architects on the $1-billion mixed-use Hollywood Center Project.

Previously:

Hollywood Center development near Capitol Records Building enters next phase

2018-08-29T13:24:00-04:00

The environmental review period for the $1-billion Hollywood Center development has kicked off, and an initial report for the project offers up new details on what's to come. The proposed mixed-use complex, slated for 4.5 acres of surface parking that wraps the iconic Capitol Records Building, would consist of four new buildings containing a total of 1,005 residential units - including 133 apartments to be set aside for extremely-low- and very-low-income seniors.

Previously: Hollywood Center towers proposed near Capitol Records Building

Hollywood Center towers proposed near Capitol Records Building

2018-04-12T14:02:00-04:00

Developer MP Los Angeles has announced plans to construct Hollywood Center, a $1-billion mixed-use complex near the Capitol Records Building in Hollywood. According to MP Los Angeles, the project - which was filed today with the City of Los Angeles - will feature the largest on-site affordable housing component of any market-rate development in the history of the city.

The landmark Capitol Records building sits right adjacent to the proposed Hollywood Center development. Image: MP Los Angeles.

Handel Architects and James Corner Field Operations will be in charge of designing the two 35 and 46-story high-rise towers, two 11-story mid-rise buildings, and two civic plazas on either side of Vine Street.

Of the 1005 residential units, 133 will be dedicated for very-low and extremely-low income seniors, the project website points out.

Hollywood Center, site plan. Image: MP Los Angeles.

Readers familiar with previously proposed developments near the Capitol Records Building may remember the Millennium Hollywood project and the issues of earthquake safety it ran into. Hollywood Center's website is quick to emphasize that geologists had conducted "multiple cone penetrometer tests and soil borings, as well as excavated a 30-foot deep and 134-foot long trench" and found that there was in fact no active fault line beneath the project site.

Massive mixed-use project in Hollywood clears a hurdle

2013-02-20T16:47:00-05:00

A proposal for two skyscrapers that would flank the Capitol Records tower in Hollywood gained the approval of the city's planning department Tuesday despite push-back from dozens of disgruntled residents. The Millennium Hollywood plans are the most ambitious in a string of revitalization projects in the area, including the W Hotel and the Hollywood & Highland Center. The $664-million mixed-use development could include more than 1 million square feet of apartment, office and retail space.

Previously: First Plans Released For Huge Towers Next to Capitol Records

First Plans Released For Huge Towers Next to Capitol Records

2012-11-01T13:39:00-04:00

The new buildings will be designed by Gary Handel Architects and Roschen Van Cleve Architects, but these renderings, like the rest of it, are conceptual. Landscape starchitect James Corner Field Operations (of New York's High Line and Santa Monica's Civic Center Parks) will design "extensive open space, street-level plazas, and enhanced pedestrian circulation encompassing approximately 25 percent of the entire site."

View more from the Millennium Hollywood website.

UPDATE: Massive mixed-use project in Hollywood clears a hurdle