HOLLYWOOD—While much of Los Angeles' recent development news hasconcentrated on Downtown and corridors extending from its urbancenter, there are currently four major projects that aretransforming the La Brea corridor, and are also having atrickle-down effect for the city of West Hollywood and its overallreal estate strength. La Brea, once a dull and neglected corridor,is now experiencing an exciting renewal. With the city's sights seton mixed-use projects to create a friendlier and more welcomingenvironment, positive changes are happening now and over the nexttwo years that will be significant to La Brea's transformation.

Mixed-use is the name of the game in this submarket for thesefour significant projects. Here is the rundown of each:

1234 La Brea – at La Brea and Fountain: The Monarch Group is inthe final stages of development of a six-story, mixed-use projectwith 18,000 square feet of ground-floor retail space and 187 luxuryapartments – 38 of which are affordable units – and undergroundparking. The site was formerly a Jon's Supermarket with anexpansive parking lot. Although the project is not fullycompleted, the residential portion is 40 to 50 percent leased andretail is 50 percent leased.