11 story highrise project in W. Hollywood among largest projects to be issued LA building permits

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As the COVID-19 pandemic eases, the Los Angeles Department of Building and Safety (LADBS) reports a resurgence in building activity.

in a newsletter, the city reported a 15 per cent increase in building permit valuation, to $1.5 billion in the fourth quarter of Fiscal Year 2020-21 from $1.3 billion. The overall building permit volume for the fiscal year was $6.1 billion, LADBS reported.

The largest project in the final fiscal year quarter is a proposed 11-story, high-rise office building and parking garage at 444 W. Universal Hollywood Dr.

  Construction Indicator
FY 2019-20
FYTD – Q4
FY 2020-21
FYTD – Q4
% Change
FY 2020-21
Total
Building Permit Valuation

$1.3 Billion

$1.5 Billion

15%

$6.1 Billion

Number of Permits

26,324

40,888

55%

147,690

Number of Plan Checks

14,180

18,006

27%

66,688

Inspections Performed

238,258

242,946

2%

930,744

The top five projects in the city between April 1 and June 30 were:

Project Address Construction Valuation Project Description
444 W. Universal Hollywood Dr. $152.3 Million New construction — Proposed 11-story, high-rise office building and parking garage.
200 N. Vermont Ave. $65.5 Million New construction — Proposed six-story, 490-unit mixed-use apartment and retail building.
5620 W. De Longpre Ave. $41.7 Million New construction — Proposed eight-story, 184-unit apartment building.
7566 W. Sunset Blvd. $35.5 Million New construction – Proposed five-story, 128-unit mixed-use apartment building and retail building.
3609 S. 10th Avenue $22.8 Million New construction — Proposed three-story, commercial office building and parking garage.

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