In the Press

Developer of Metropolitan Water District Site to File Plans for Megaproject

Palisades Capital Partners is expected to file an application with city officials for its $600 million, mixed-use complex at 1111 West Sunset Boulevard in Echo Park on Thursday, according to the Los Angeles Times. The property would rise on 5.5 acres at the former headquarters of the Metropolitan Water District on Sunset Boulevard near the interchange of Route 101 and 110.

The developer tapped Skidmore, Owings & Merrill in October for the nearly 1 million-square-foot development. The main components are two residential towers of up to 31 and 49 stories with a combination of a total of 778 apartments and condos, including 76 set aside for low-income tenants…