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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