Hackman Capital Partners has secured approval for a comprehensive redevelopment plan of Television City, enhancing soundstages, office spaces, and retail while addressing community concerns.
The Los Angeles City Planning Commission's approval of Hackman Capital's project paves the way for the transformation of Television City, resisting appeals focused on potential neighborhood overstretch.
Included in the redevelopment are plans for over 1.74 million square feet of new construction, while retaining significant historical elements, emphasizing a blend of innovation and preservation.
In response to community feedback, Hackman is committed to traffic reduction initiatives, allocating $6.4 million for local improvements including bike lanes and park upgrades.
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