$54M Hollywood Development Breaks Ground
Essex Property Trust, together with McCormick Construction, broke ground on the Sunset Boulevard mixed-use development. The project includes 200 residential units and 4,678 square feet of retail space.
By Evelyn Jozsa
Essex Hollywood
Essex Hollywood, a $54 million, mixed-use urban infill development, broke ground in Los Angeles. Essex Property Trust, one of the top 10 apartment owners in Los Angeles, is the developer and McCormick Construction is the builder of the 352,000-square-foot, seven-story asset. The project is slated for completion by December 2019.
Located at 6240 Sunset Blvd., the project will provide 200 residential units, two levels of subterranean parking and 4,678 square feet of ground-floor retail space along Sunset Boulevard. Essex Hollywood is within a quarter mile of the Hollywood/Vine metro station for the Red Line.
Surrounded by Hollywood venues such as Hollywood Palladium and Earl Carroll Theatre, the property is designed to match the area’s Art Deco style. McCormicks’s plans include ground-up construction of the new development, the full interior buildout of the 200 apartments and the incorporation of the walkway, which will be a direct link between Sunset Boulevard and Leland Avenue. The building will target LEED Silver certification and will feature amenities such as:
- dog park
- clubhouse
- fitness rooms
- pool and spa
- pool courtyard
- sky deck
“The face of Sunset Boulevard continues to evolve as the demand for higher density housing increases within core districts like Hollywood,” said Michael McCormick, president & CEO of McCormick Construction, in prepared remarks. “Essex Hollywood will provide 200 much-needed apartments to L.A.’s growing population of renters, while preserving the unique personality and essence of the area.”
Image courtesy of McCormick Construction
