HOLLYWOOD, CA (CelebrityAccess MediaWire) — The Pantages Theatre will soon get thousands of new neighbors after the Los Angeles City Council unanimously approved a major new apartment complex with 1,000 units in seven buildings to be constructed in the sprawling lots surrounding the venue.
The $400-million development is the latest in the Hollywood business district’s rapid growth spurt over the past 7 years.
The project, referred to as Blvd6200, will break ground early next year. The complex will also include shops and restaurants.
The 7 acres of land around the Pantages are owned by the Nederlander Co., who has been looking to develop the property for years. –by CelebrityAccess Staff Writers