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Two large condominium projects moved closer to becoming a reality last week.

City zoning administers approved plans by the Related Cos. to raze raze also rase  
tr.v. razed also rased, raz·ing also ras·ing, raz·es also ras·es
1. To level to the ground; demolish. See Synonyms at ruin.

2. To scrape or shave off.

3.
 the St. Regis hotel in Century City to build a 147-unit luxury condominium tower in its place.

The 40-story tower would boast units ranging between 2,200 to 6,000 square feet and will contain space for a restaurant, resident-focused retail and possibly a 43,000-square-foot private club exclusively for residents and their guests.

Meanwhile, Franklin-Vista Partners Ltd. received approval for plans to build a 126-unit condominium project at 6142 Franklin Ave., which spans much of the block between Vista Del Mar Del Mar is the name of several places in the United States of America:
  • Del Mar, California
  • Del Mar, Texas
  • Del Mar High School, located in San Jose, California
  • Del Mar Racetrack, located in Del Mar, California
 Avenue and Gower Street Gower Street may be referring to one of the following:
  • Gower Street (London)
  • Gower Street (Hollywood)
.

To make way for the project the city is vacating a cul-de-sac of Vista Del Mar Avenue south of Franklin Avenue Franklin Avenue can refer to:
  • Franklin Avenue (Brooklyn), a street in New York City
  • Franklin Avenue (New York City Subway), a station on the New York City subway system
  • Franklin Avenue (Los Angeles), a street in Los Angeles
 because the developer plans to connect the project with the art deco Hollywood Tower, which the group also owns. Plans calls for 60 spaces of community parking and seven units of affordable housing.

Lisa Specht, a partner at Manatt Phelps & Phillips LLP LLP - Lower Layer Protocol , represented Related Cos. and Manatt partner Ellen M. Berkowitz represented Franklin-Vista Partners.

Staff reporter Andy Firmer can be reached by e-mail at afirmer@labusinessjournal.com or by phone at (323) 549-5225, ext. 263.
COPYRIGHT 2006 CBJ, L.P.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Article Details
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Title Annotation:condominium projects approval
Author:Fixmer, Andy
Publication:Los Angeles Business Journal
Article Type:Brief article
Geographic Code:1USA
Date:May 29, 2006
Words:205
Previous Article:Glendale office tower expected to sell for $200 million.(contracts)
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