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That Amoeba Redevelopment Is Moving Closer To Reality, Per Plans Filed With The City
The real estate firm that purchased Amoeba Music's building is moving forward on their plans to turn the iconic Hollywood record store into some kind of massive mixed-use development, according to plans that the Brentwood-based firm filed with the city yesterday.
As reported by Urbanize LA, GPI Companies officially filed plans with the City of Los Angeles to redevelop the music mecca on Wednesday. Although the exact details of the company's plans remain unknown, the proposed development would have at least fifty units and four bars/restaurants with on-site alcohol sales, as outlined in the filing. GPI has also requested zone and height district changes for the site.
Earlier this month, we broke the news that Amoeba Music's beloved Hollywood location might not be long for this world when we published conceptual architectural renderings of the site that were likely commissioned by GPI. GPI had purchased the 44,616 square-foot Amoeba building for $34 million on October 28, 2015. The renderings depicted a mixed-use, sky-scraping glass tower built on the site where the record store currently stands. At the time, GPI told us that they had not yet made any applications to the city, and were not certain that they would.
In a statement issued on Twitter later that same day, Amoeba assured fans that they would be remaining in their current location for the duration of their lease, which they said would be "several years," so we can only presume that the redevelopment would take place after the lease ends.
You may have read an article today about us... pic.twitter.com/18l9zRPGMn— Amoeba Music (@amoebamusic) September 13, 2016
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