A property owner's request for a zone change that would allow construction of a 60,000-square-foot office complex on Ventura Boulevard between Laurel Grove and Vantage avenues met with opposition Monday at a public hearing before a city planner.
Vivian Rescalvo, planning deputy for City Councilman Zev Yaroslavsky and a representative of the Studio City Residents Assn., spoke against the change, saying it could lead to overdevelopment of the property, which now houses a Bank of America branch.
F.O.K. Partnership, which owns the lot and bank building, is seeking city approval to change to commercial zoning the portion of the parcel that serves as the bank's parking lot. Under local zoning ordinances, such a change would allow for additional development.
Bank officials oppose the change, saying that it opens up the possibility that new development on the lot could impact the branch, which has an option to renew its lease for up to 30 years.