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Bardas Investment Group has plans to develop a four-story, approximately 75,000-square-foot office project in Hollywood, according to a planning case posted by the city of Los Angeles this week.
The project would rise at 1200 N. Cahuenga Blvd., repurposing and replacing part of a vacant school building and recreational field and adding two additional buildings totaling about 55,000 square feet, plans show. The property, which had been used as a Stratford School location, is owned by an affiliate of Scottsdale, Arizona-based real estate investment trust STORE Capital, which acquired the property in 2015 for about $14.75 million, Los Angeles County Property records show.
Plans call for a four-story, approximately 35,000-square-foot Building A and four-story, 20,500-square-foot Building C along North Cahuenga Boulevard, along with the repurposed school building along Lexington Avenue referred to as Building B. About 19,500 square feet of the existing 28,000-square-foot, two-story building and below-grade parking level would be maintained and given new exterior paint, a new exterior facade on the south elevation, and other improvements.
Designs for the proposed development are being led by Portland, Oregon-based design architect West of West, Culver City-based architect of record House & Robertson Architects, and Culver City-based landscape architect KSA Design Studio.
“The Project is designed with the utilization of stacked cube forms presenting in a minimalist, clean, and contemporary cubic architectural style,” the development team, which includes DLA Piper attorney Matthew Nichols as project representative, writes in planning documents. “The design breaks up the massing along the public streets by utilizing shades and rectangular forms in an innovative way. Ground floor parking garages are hidden from view and tucked below the second floor offices.”
The project team is seeking a general plan amendment from Low Medium II Residential to Community Commercial for the proposed project, among other approvals, plans show.
The new development would provide 157 automobile parking spaces and space for 22 bicycles. It would also include outdoor space including a roof deck and shade canopy as well as 500 square feet of retail or cafe space.