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Council Approves Redevelopment Project

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From Times Staff and Wire Reports

The City Council on Tuesday approved the latest version of a redevelopment project at Hollywood Boulevard and Vine Street, near the Red Line subway stop.

The project will include 350 rental apartments, 145 condominiums and a 296-room hotel. Seventy-four apartments will be for low-income tenants.

The developers -- Legacy Partners for the apartments, and Gatehouse Capital and HEI Hospital Fund for the hotel and condos -- have to acquire several properties before the project can go forward, officials say.

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