TVC project heads to PLUM Dec. 3

| November 28, 2024 | 0 Comments

HACKMAN CAPITAL PARTNERS seeks 1.9 million square feet of development rights at the
corner of Beverly Boulevard and Fairfax Avenue. Imagery ©2024 Google, Imagery ©2024 CNES /
Airbus, Maxar Technologies, U.S. Geological Survey, USDA/FPAC/GEO, Map data ©2024 Google

The massive TVC project proposed at the former CBS studio site at Beverly Boulevard and Fairfax Avenue will go before the Planning and Land Use Management (PLUM) Committee of the Los Angeles City Council at a public hearing on Tues., Dec. 3, at 2 p.m.

The PLUM hearing is among the final steps before the project moves to City Council for a final vote.

Owner / developer of the site, Michael Hackman, CEO of Hackman Capital Partners, has stated that the project will preserve the landmark CBS building as a studio, provide state-of-the-art production facilities and ensure it remains a premier studio for decades to come.

The TVC 2050 proposal has earned the backing of local individuals and groups, including many labor unions.

But not everyone is on board. There are numerous appeals challenging the Planning Commission’s action.

Appellants, who argue the project is too big and dense for the neighborhood, include the Original Farmers Market and The Grove.

Shelley Wagers, co-chair of Neighbors for Responsible TVC Development, another appellant, told us in an email:

“We support the revitalization of the studio but have grave concerns about
the process and the project. The initial application was vague and incomplete, and the project remains poorly defined and out of whack with current market conditions.  The zoning is extremely permissive and leaves the door wide open for incompatible, out-of-scale development.”

The historic 52-year-old CBS building at 7800 Beverly Blvd., by architects William Pereira and Charles Luckman, along with its iconic logo facing Beverly, will remain under the Hackman proposal.

The PLUM public hearing will be held in the John Ferraro Council Chamber, Room 340, City Hall, 200 N. Spring St. Audio will be broadcast live at clerk.lacity.org/calendar, or call 213-621-CITY.

Written comments can be addressed to City Clerk, Room 395, City Hall, 200 N. Spring St., Los Angeles, 90012, and should cite CF No. 24-1315.Or submit through the portal at LACouncilComment.com.

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Category: Real Estate

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