CGI+ Tweaks Hollywood Apartment Tower Plans To Be Shorter, Include More Units

The Site At 1830 Cahuenga Where The Tower Is Planned.

CGI+ has revamped its plans for a site near Franklin Avenue and Cahuenga Boulevard: The new plan involves a 20-story apartment project with 244 units, more than originally planned.

The developers expect to break ground on the project in 2025 and complete it in 2027.

The site at 1830 Cahuenga Blvd. is occupied now by a two-story apartment building. According to city public records, the building holds 24 units. It's next to a large surface parking lot, the address of which is also listed in the tower plans. CGI+ confirmed to Bisnow that the building on the property would be relocated to a new site and would not be demolished.

In 2021, CGI+ formed a joint venture with the property owner and planned to build a slightly taller project, at 22 stories with 222 units and 18.5K SF of retail, according to The Real Deal.

Hollywood could be seeing a lot more new tenants if city projections hold true. This month, the Los Angeles City Council gave the green light to the neighborhood's community plan, a document that guides new development in Hollywood.

CGI+ is staying busy. It has a multifamily and hotel project underway now near the Wilshire/La Brea stop on the Purple Line extension. The development is expected to open next year.

Continue reading this story with a free account

Log in or register
Related Topics: CGI+ , Hollywood , Los Angeles Multifamily
Sign up for more articles like this
Subscribe to Bisnow's Los Angeles Newsletters
Related Stories

LA City Council Approves Plan To Let Olympics Projects Sidestep CEQA

AEG, Archer Developing Vertiport For Air Taxis At LA Live

How Will Opportunity Zones 2.0 Impact Seattle? One Expert Weighs In

Demolition Underway On Hawthorne Plaza

After Departing Trump Admin, HUD's Former Philly Head Joins Local Planning Commission

The Honest Co. Moving HQ To The Bluffs: The Los Angeles Deal Sheet

Investors Anchor Big Capital Into Marinas, Betting On Shallow Supply

Developers Eyeing Dallas' 50-Mile Trails Loop For Uptown-Like Opportunities

Large Commercial Real Estate Sales Up 30% Despite Economic Headwinds

Sixty Beverly Hills Hotel Heads Back To Special Servicing

Chetrit Group 'Being Dissolved' As Family Turmoil Spirals

'Quality Of Place': One Inland Empire City's Manual For Smart Growth