ENV-2011-675-EIR State Clearinghouse Number:2011041094
Council District: 13 Community Plan Area: Hollywood
Project Location: 1720, 1722, 1724, 1730, 1740, 1745, 1749, 1750, 1751, 1753, 1760, 1762, 1764, 1766, 1768, 1770 N. Vine Street; 6236, 6270, 6334 W. Yucca Street; 1733, 1741 N. Argyle Avenue; 1746, 1748, 1754, 1760, 1764 N. Ivar Avenue, Los Angeles, CA 90028

Project DescriptionThe proposed project includes the construction of approximately 1,052,667 net square feet of new developed floor area. The historic Capitol Records Building and the Gogerty Building are within the Project Site. These historic structures would be preserved and maintained and are operating as office and music recording facilities under long term lease. Including the existing approximately 114,303 square-foot Capitol Records Complex, the Project would include a maximum of approximately 1,166,970 net square feet of floor area resulting in a 6:1 Floor Area Ratio averaged across the Project Site. The Project would also demolish and/or remove the existing approximately 1,800 square foot rental car facility..

The Project would develop a mix of land uses, including some combination of residential dwelling units, luxury hotel rooms, office and associated uses, restaurant space, health and fitness club uses, and retail uses. To facilitate long-term buildout of the Project, the Applicant is seeking approval of a Development Agreement. The Development Agreement would allow for development of the Project through 2035 and embody the Project’s pre-defined limits regarding developable floor area, permitted land uses, design guidelines, and site-specific development standards, which would collectively control the scale and massing of the Project. The Project would also implement an Equivalency Program to provide development flexibility for the future demands of the market and economy. The Equivalency Program would define a framework within which permitted land uses and square footages could be exchanged for certain other permitted uses so long as the limitations of the program are satisfied and no additional environmental impacts occur above those studied in the EIR.

REQUESTED PERMITS/APPROVALS:  (1) Development Agreement to establish development parameters on the Project Site, (2) Vesting Tentative Tract Map for the mixed-use development components, (3) Vesting Zone Change from C4 Zone to the C2 Zone (to permit a Sports Club use), (4) Height District Change to remove the D Development limitation, (5) Conditional Use Permit for the limited sale and on-site consumption of alcoholic beverages, live entertainment, and floor area ratio averaging in a unified development, (6) Vesting Conditional Use Permit for a hotel within 500 feet of an R Zone, (7) Variance for sports club parking and for restaurants with outdoor eating areas above the ground floor, (8) demolition, grading, excavation, and foundation permits, (9) haul route approval, (10) Community Redevelopment Agency of Los Angeles approval through the Designated Local Authority or by the City Planning Department through transfer of authority to permit a floor area ratio in excess of 4.5:1, and (11) any other discretionary actions or approvals that may be required to implement the Project.

Review Locations:The environmental impact report is available for review at the Department of City Planning, 200 North Spring Street, Room 750, Los Angeles, CA 90012 and other locations.

1. Central Library – 630 West Fifth Street, Los Angeles, CA 90071
2. Frances Howard Goldwyn-Hollywood Regional Library‎: 1623 N. Ivar Avenue, Hollywood, CA 90028
3. John C. Fremont Branch Library: 6121 Melrose Ave., Los Angeles, CA 90038.

The Draft EIR may be purchased on CD-ROM for $7.50 per copy. To purchase a copy, contact Srimal Hewawitharana at (213) 978-1359.

COMMENT DUE DATE:  December 10, 2012

Circulation Period:October 25, 2012 to December 10, 2012

Information for Millennium Hollywood can be found at LA City Planning