Tag: CIM Group
Historic tower to house only condos in new proposal
The CIM Group development at and around the former Farmers Insurance building will be entirely residential, according to the latest information learned by the Larchmont Chronicle. The biggest evolution in what CIM Group now proposes is for two floors of the historic former Farmers office space, that previously were planned to stay as offices, to […]
CIM lists Farmers tower and parking lots for sale
Hitting the local real estate market for re-sale are two of the four Park Mile blocks that CIM Group bought from original owner-builder, Farmers Insurance, in April of 2014. CIM, a large real estate fund manager with approximately $19.2 billion of assets under management, will continue to house its international headquarters on the property west […]
Park Mile Specific Plan has protected area residents for 37 years
The revelation in last month’s article (“A neighbor’s correspondence seeks Park Mile change”) concerning Brookside resident Jan Wieringa’s letter to the city brings up the issue of whether the Park Mile Specific Plan should be changed, as implied by her letter. She wrote that she “would like to see many mitigations made to the development […]
Neighbors discuss scope of EIR for CIM Farmers project
About 20 neighbors showed up in mid-December at the House of Lebanon in Brookside for the city’s “scoping” meeting for an Environmental Impact Report (EIR) for the 4.73-acre development project proposed for the former Farmers Insurance property at Wilshire Blvd. and Mullen Ave. The city organized the evening as an “open house,” with a half-dozen […]
City EIR meeting for CIM Farmers project set for Dec. 16
A “scoping meeting” required at the start of preparation of an Environmental Impact Report (EIR) will take place on Wed., Dec. 16, beginning at 5 p.m. at the House of Lebanon building at 4800 Wilshire Blvd., in Brookside. This EIR is being prepared in connection with CIM Group’s applications for its proposed “Wilshire Mullen” project […]
CIM proposal for Farmers Insurance property submitted
With additional changes made to address concerns from Brookside residents, CIM Group submitted plans for the former Farmers Insurance property on Oct. 26 to the City Planning Dept. The review process for the new residential development—which includes the former Farmers Insurance tower and surface parking lots—is expected to take up to a year. The most […]
