First look at proposed mixed-user near Hollywood Palladium

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New planning documents are offering a first look at a mixed-user proposed about a year ago by developer MCRT Investments on a site is directly behind where the Palladium Residences are expected to rise.

The seven-story building, called Modera Argyle, would have 276 residential units (most, with private balconies). The units would be a mix of studios, and one-bedroom and two-bedroom apartments, with the majority being one-bedroom units. Thirteen of the units would be available for very low income tenants.

Designed by Carrier Johnson + Culture, the Modera Argyle would also contain four levels of underground parking.

The non-residential aspect of the project could go one of two ways: 24,000 square feet of commercial space for restaurants and retail or a 27,000-square-foot grocery store.

The project would require the demolition of six buildings and a parking lot on the site at the southeast corner of Selma and Argyle avenues. The developer anticipates construction taking about 30 months, with the project ready in 2023.

Via city planning department

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