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Real Estates—City Planning Commission Meeting, Wetherly Project and Caruso’s 8500 Burton Way on Agenda

April 23rd, 2009 · 6 Comments · COMMERCIAL REAL ESTATE, City, EVENT, REAL ESTATE

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8500 Burton Way location; click to expand

A B+S reader alerts me to a City Planning Commission Meeting going on right now at Van Nuys City Hall at 14410 Sylvan Street, Council Chamber 2nd Floor. My bad for not posting this last night, but I initially read the meeting at 8:30pm, not 8:30am.

At any rate, there are two neighborhood related items on the agenda: first, the Wetherly Project at 300-322 South Wetherly Drive and 301-323 South Almont Drive ; and, secondly, per the agenda, the “8-story, mixed use development with 88 apartment units, 13,500 square feet of retail uses and 223 parking spaces on a 34,090 (33,848 net) square-foot site” proposed for 8500 Burton Way, which rests in the triangular region of Le Doux Road, Colgate Avenue and Burton Way.

Curbed LA wrote about this back in January, sussing out that Rick Caruso (The Grove, Americana at Brand) is the developer under Century Investments, Inc. My reader offers some concerns after the jump:

Check the 8500 Burton Way rendering, posted in January by Curbed LA, concerns regarding the Caruso project…

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The rendering of the 8500 Burton Way mixed-use development posted on Curbed LA back in January

“The height limit on the property is 45 ft…Rick Caruso…wants to build double the height, substantially increase the allowed FAR (Floor Area Ratio) or volume of the building, and substantially reduce the required setbacks. That block of Le Doux is a narrow, quiet residential street, with small apartment buildings. The Le Doux neighbors are opposed to the project. The project will be an 8-story building with luxury apartments, with a specialty market at its base. The specialty market will not have a loading dock. Caruso also owns the Loehmann’s property to the North. Both projects will most likely go to the City’s PLUM (Land Use)committee after the CPC, where, if the past is any guide, Jack Weiss will control the outcome, because he sits on the committee and it’s his district.”

» Real Estates—14-Story Wetherly Project to Replace Seven Apartment Buildings South of West 3rd, Plus a Curious $350,000 Grant—B+S
» Emerald Apartment Palace Proposed for Burton Way—Curbed LA

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6 responses so far ↓

  • 1 Igor // Apr 23, 2009 at 12:11 pm

    Caruso owns the politicians, and effectively owns the city. Whatever he sets out to do he’ll do. Why he wants to spend money building condos that won’t sell and markets that won’t make a profit is beyond me. Does he know something the rest of us don’t?

  • 2 alex the sea turtle // Apr 23, 2009 at 1:51 pm

    He knows that long term this location and this area is a winner.

    Why shouldn’t this building be allowed while you have the tall condo building on San Vicente just north of it plus how tall is the Beverly Center what’s the FAR on that? Have you noticed the six story new Beverly Hills condos that is practically on San Vicente directly east of the old Ed Debevich’s? Restricting that site on that intersection to 45 feet is ridiculous.

    I am sure the neighbors directly around it oppose this just like the people around the new tall building proposed for just east of the Four Season.

    I personally hate that lot that is there now and would love to see this built. Maybe he requested 8 stories so that he could get 6. Who knows.

    I dislike Caruso and wish someone else was doing this but if you have ever walked around there especially at night I think you would appreciate a nice new upscale building like I would.

  • 3 alex the sea turtle // Apr 23, 2009 at 2:39 pm

    Oh and what about the crazy tall Cedars building on San Vicente at Colgate?

    I think it’s just ridiculous to have the occasional tall building then expect everything new to be stunted.

  • 4 Miss Teresa // Apr 25, 2009 at 5:25 pm

    Caruso has owned the lot on Burton way for a thousand years; he would make money on it if he put up a pony ride.

    The residential is rentals, not condos, unlike Wetherly and, also unlike Wetherly, they are not all huge and in the multi-million price range. I have a feeling that the Caruso project will fill up long before the Wetherly building gets built.

    By the way, Alex… I’ve always wondered how the fugly Cedars annex got built. Maybe the whole neighborhood used to be zoned for that, and they downzoned it after they saw what the Cedars building looked like.

  • 5 Real Estates—Rick Caruso’s Burton Way Project Approved, Delayed Vote on Genton Barth’s Wetherly Project // Jun 17, 2009 at 12:18 pm

    [...] updates on Rick Caruso’s Burton Way Project and Genton Barth Real Estate Group’s Wetherly [...]

  • 6 Real Estates—Wetherly Project Approved by PLUM, Now 12 Rather Than 14 Stories // Sep 24, 2009 at 11:54 am

    [...] &#187 Contentious Wetherly Project Makes It Through PLUM— Curbed LA &#187 Real Estates—Rick Caruso’s Burton Way Project Approved, Delayed Vote on Genton Barth’s Wetherly Project—B+S &#187 Real Estates—City Planning Commission Meeting, Wetherly Project and Caruso’s 8500 Burton Way on …—B+S [...]

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