Hollywood Palladium Skyscraper Project Approved By LA City Council

HOLLYWOOD (CBSLA.com) — The Los Angeles City Council approved a project Tuesday that includes a pair of residential skyscrapers in the parking lot behind the Hollywood Palladium.

The project's developer, Crescent Heights, is planning to build 731 residential units, many of them studios and single-room apartments, with some commercial and retail space on the ground floor.

The council approved the project on a 12-0 consent vote, and in the process, denied an appeal by the project's neighbor, the AIDS Healthcare Foundation, which is seeking to delay the project.

Opponents to the project say its size and density is inappropriate for the area.

The AIDS Healthcare Foundation is a leading proponent of a proposed ballot measure aimed at halting the similarly large projects that require amendments to be made to the current zoning and planning rules for the area.

Supporters from nearby schools and business groups, as well as some residents, spoke up in support of the project last week, saying it would help with the shortage of housing in Los Angeles.

Some also dismissed worries about an increase in traffic, nothing that the residential units are located near public transit, including a Red Line station.