Millennium Partners has ended its project to build residential and office towers on two parking lots next to the landmark Capitol Records Building in Hollywood.

The New York-based developer has submitted a letter to the Department of City Planning in Los Angeles formally withdrawing all entitlement requests relating to the development, known as Hollywood Center.

The planning department has terminated all of the entitlement requests, effectively killing the project, which has been in the works for more than a decade, Urbanize Los Angeles reported.

Want to continue reading?
Become a Free ALM Digital Reader.

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications
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.