Project overview

 


Millennium Hollywood will be a transformative mixed-use project constructed on two vacant parking lots adjacent to and across the street from the iconic Capitol Records Building, steps from the intersection of Hollywood and Vine, the world ‘s most famous intersection and the center of Hollywood’s historic downtown. Comprising a total of 4.47 acres of land, the project’s central design objectives will be to preserve, complement and highlight the Capitol Records Building by creating extensive and inviting open spaces that will greatly enhance the pedestrian experience of the area and forever preserve the critical views of one of the 20th century’s most recognized and beloved structures. The project will define a new sense of place for Hollywood by locating two architecturally distinguished towers along Vine Street continuing the tradition of grand and innovative architecture started by the Capitol Records Building.

 

Millennium Hollywood will transform a series of under-utilized parcels into a transit-oriented, pedestrian-friendly development central to the resurgence of Vine Street as a business and high-rise corridor and will further support historic downtown Hollywood. It will feature diverse living, working, shopping, dining and recreational activities which will further the resurgence of Hollywood as a place for Angelenos to live, work, dine and play, and for the rest of the world to visit.

 

 

Two new buildings designed by Handel Architects will rise on the site and frame views of the Capitol Records Building and the Gogerty Building, which will be preserved under the oversight of architect Bill Roschen of Roschen Van Cleve Architects, a Los Angeles firm with widely recognized success in the marriage of historic structures with new development. Roschen and Handel Architects are collaborating with James Corner Field Operations, landscape architects of New York’s internationally acclaimed High Line, on the design of extensive open space, street-level plazas with community-serving retail, and enhanced pedestrian connectivity throughout the site.  Innovations in the incorporation of technology into site planning will create a compelling experience integrating the musical history of Capitol Records into the pedestrian, shopping, and dining experience.

 

Millennium Hollywood would develop approximately 1 million square feet of new uses, including a combination of residential dwelling units, hotel rooms, office and associated uses, restaurant space, a health and fitness club, retail establishments and 2,000 new parking spaces. Implementation of the project would enable flexibility regarding the proposed arrangement and density of specific land uses, siting, and massing characteristics within parameters established by the project approvals and the environmental review.  A development scenario permitted by this development flexibility includes:

 

  • 492 residential units
  • 200 luxury hotel rooms
  • 215,000 square feet of Class A office space that includes the existing Capitol Records Building and the Gogerty Building
  • 34,000 square feet of restaurant space
  • 35,100 square feet of sports club use
  • 15,000 square feet of commercial retail space
  • Approximately 2,000 parking spaces in eight levels of above-grade parking within the podium structures and up to three levels of below-grade parking will replace the existing surface parking spaces

 

The project’s central design objectives will be to complement and highlight the Capitol Records Building, incorporate extensive and inviting open spaces and enhance the walkability of the area while creating a development that will serve local residents and the region.

The Draft Environmental Impact Report for the project is available online from the Los Angeles City Planning Department’s website.

 

Click the links below to learn more about different aspects of the project:

 

Economic Impact • Capitol Records Building • Millennium Development Principles • Millennium Hollywood Partners