1365 Colorado Blvd Pasadena, CA 91106-1902

This exceptional development opportunity in Pasadena, California, presents a fully entitled, ready-to-build project situated on the prestigious Colorado Boulevard. The project encompasses a stunning eight-story, 375-key hotel featuring a mix of single king, double queen, and suite configurations. Complementing the hotel are 49 meticulously designed residential condominiums, ranging from studios to two-bedroom units, offering panoramic city views and upscale amenities. A significant retail component adds further value, boasting 38,775 square feet of prime leasable space along Colorado Boulevard, ideal for high-profile businesses seeking exceptional visibility and foot traffic. The development also includes a substantial parking facility with a total of 1,174 spaces, catering to both residents and hotel guests. Located in Los Angeles County, with addresses at 1336 and 1365 E Colorado Blvd, Pasadena, CA 91106, this project represents a unique blend of luxury hospitality, upscale residential living, and prime retail space, poised to redefine the Pasadena skyline. The project's comprehensive design and prime location offer an unparalleled investment opportunity in a thriving market. The detailed unit mix for the residential component includes two 0-bedroom/1-bathroom units (approximately 406-495 square feet each), thirty-nine 1-bedroom/1-bathroom units (approximately 537-739 square feet each), and eight 2-bedroom/1-bathroom units (approximately 878 square feet each). This fully entitled project is ready for immediate permit issuance, presenting a streamlined path to development.