Plans For 8500 Sunset May Have Hit Roadblock

8500 Sunset, LA

CIM Group recently sold the condo buildings at 8500 Sunset to Korman Communities and Brookfield Property Group.

The new owners' plans are to turn the property into a corporate extended-stay hotel, but West Hollywood officials are saying not so fast, WeHoville reports.

Using the property's 190 units for such a purpose would violate a West Hollywood ordinance that prohibits the use of condos or apartments as corporate housing.

If the plans are to go forward, Korman Communities would have to convince the West Hollywood City Council to overturn its ban.

It is not known when Korman Communities might formally take up the matter with the West Hollywood City Council.

The 8500 Sunset complex is part of CIM Group's Sunset|La Cienega development.

Continue reading this story with a free account

Log in or register
Related Topics: 8500 Sunset , West Hollywood
Sign up for more articles like this
Subscribe to Bisnow's Los Angeles Newsletters
Related Stories

Rexford Sells Fullerton Industrial Building For $50.2M: The Los Angeles Deal Sheet

Gencom-Led Partnership Acquires InterContinental Hotel In Downtown Miami

Epicenter Landcorp Buys Culver City Flex Industrial Building For $11M

Prism Scoops Up Largest Hotel Chain In The Netherlands

Hollywood's Yamashiro Complex Gets $25M Refinance: The Los Angeles Deal Sheet

Developer Pitches Massive Hospitality, Makerspace District South Of Austin

Lender Wants Blackstone, Hudson Pacific To Sell Vacant Sun Valley Studio

Faring Proposes Office, Retail Project On Sunset Strip Car Dealership Site

LA Developers Eye 2029 Groundbreakings As High Costs Stall New Projects

San Pedro's West Harbor Announces 3 New Tenants: The Los Angeles Deal Sheet

Proposition 45 Would Set Deadlines For Some Projects' CEQA Reviews

California Governor Candidates See Different Solutions To State's Housing Troubles