Hollywood & Vine Could Get a Stylish New Hotel for Millennials

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Travelers’ options for a hotel in Hollywood seem to be growing by the day, with a bunch of new projects planned, under construction, or recently opened (like the hip, non-exclusive Mama Shelter) across the ‘hood. Add one more to the list, though: Urbanize LA hears (viaBisnow) that stylish microunit, Millenial-targeting hotelier citizenM has dropped $7.5 million on a lot north of Hollywood and Vine.

The lot measures .27 acres and has a stubby commercial building on it. The spot is also right across the street from the cool Redbury hotel and right up against the controversial proposed Millennium Hollywoodproject; it’s also pretty close to the Red Line’s Hollywood/Vine station.

The Amsterdam-based citizenM brand has hotels in popular European destinations (London, Paris, Amsterdam), plus two in New York(Times Square and underway in the Bowery).