NELA Homes, a Los Angeles-based developer, has received approval from the Los Angeles City Council for a mid-rise hotel in Hollywood.

NELA, located in the eastside neighborhood of Highland Park, proposed the hotel at the end of 2020. In the interim, the firm obtained a zoning change from the City Planning Commission, which was approved before this week's City Council vote, Urbanize LA reported.

The site is located at 6445 West Sunset Boulevard, near the intersection of Sunset and Cahuenga, in a neighborhood where Relevant Group has developed four independently branded hotels.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.