LOS ANGELES — Kilroy Realty Corporation has announced its plans to develop The Residences at Columbia Square, a luxury residential tower in Hollywood. The 20-story tower will be located inside Columbia Square, a $385-million, mixed-use creative office, residential and retail development. The 675,000-square-foot Columbia Square is being developed on the site of the historic CBS broadcast facility on Sunset Boulevard.
The Residences will include a mix of long-term rental and furnished extended-stay apartment homes. It will be the first luxury extended-stay property to reside in the heart of Hollywood, according to Kilroy. The firm has teamed up with The Kor Group to collaborate on the project’s programming, design and branding. Kor will also manage the project once construction is complete in spring 2016.