Metro @ Hollywood

Located on Hollywood Blvd. one block from the Hollywood / Western Metro Red Line stop, the mixed-use transit-oriented development aims to enhance the image, livability and economic vitality of the adjacent community by eliminating a blighted site, increasing the stock of affordable apartments, augmenting retail shopping opportunities, and revitalizing a key commercial corridor.  The program includes 120 units of senior affordable housing, 6,000 SF of retail space, a community room, library, billiard room, gym and art studio, both of which offer daily exercise and arts programs.  The project seeks to enrich both the lives of its residents and the community as a whole by providing opportunities for people to interact among wide variety of common use areas and open exterior spaces.  A tower with colorful tile and faceted glazing acts as a landmark, marking the street corner and giving identity to the building. The faceted glazing of the tower continues along the retail spaces fronting Hollywood Blvd., creating an engaging pedestrian experience.  The lobby and a semi-public street-level terrace on Garfield Place offer the opportunity to sit and chat with neighbors and passersby.  Common use roof decks located at various vantage points provide views of the surrounding courtyard and Garfield Place, while the fifth floor deck provides a picture perfect view of the nearby Griffith Observatory.

PROJECT SUMMARY
Client:             Meta Housing Corporation
Location:        5555 W Hollywood Boulevard, Los Angeles, CA
Units:              120 Senior Affordable Housing plus 6,000 sq. ft. retail
Size:                186,290 GSF (94,530 NSF)
Density:          121 du/ac
Cost:               $22,500,000 ($120 per GSF)
Funding:         4% Tax-Exempt Bond, CRA/LA,
                        State of CA - TOD, State of CA IIG, LAHD
Awards:           2015 NAHB, Silver Achievement
                        2014 Gold Nugget, Best Senior Housing Community
                        2011 SAGE, "On the Boards" Project of the Year
Sustainability: LEED Platinum Certified
Status:             Completed 2012