Plans to build a 22-story apartment building next to the Fonda Theater on Hollywood Boulevard are advancing and new planning documents reveal the tower that would replace a parking lot on the site now.
The structure, designed by HKS Architects, is made up of a four-story podium topped off by 18 stories of residential space.
The ground floor is expected to hold a restaurant with outdoor dining space. The dining area would abut a landscaped courtyard intended to “enhance the pedestrian experience along the Hollywood Boulevard frontage.”
The upper floors would hold 220 apartments, 11 of which would be affordable. Parking for the new development would be held in two underground levels.
The developer, an LLC connected to the Metropolitan Life Insurance Company, anticipates construction will begin in 2020 and last about two years.
This is one of a slew of developments planned for this part of Hollywood, which has a steady stream of hotels, apartment buildings, and major projects in the pipeline.