Construction Underway for AvalonBay Development in Hollywood

With a nearly six-acre dirt pit as evidence, developer AvalonBay Communities is well into construction on a podium-type mixed-use development in Hollywood.

The Arlington, Virginia-based firm purchased the development site at 6677 Santa Monica Boulevard in 2015, which is entitled for a series of five-to-seven-story buildings featuring 695 apartments and 25,000 square feet of ground-floor commercial space.  Plans also call for 71,000 square feet of open space across the site, including a landscaped paseo cutting across the project site. Continu reading