For over 40 years, Martin Cadillac has stood at the intersection of Olympic Boulevard and Bundy Drive. Now, the Westside landmark has closed its doors, and a mixed-use development will soon rise in its place.

Demolition permits were issued in August for the nearly five-acre site at 12101 W. Olympic Boulevard, which is improved with nearly 100,000 square feet of buildings that date to the mid 1970s. In their place, the City of Los Angeles has approved plans for Martin Expo Town Center, a development consisting of 150,000 square feet of offices, approximately 600 apartments - 20 percent of which will be priced for workforce and very low-income households - with a grocery store, shops, and restaurants located at ground level. Plans also call for three levels of subterranean parking across the property.

The project would split the office space and housing into two buildings, split by a shared courtyard and paseo. A 10-story, 160-foot-tall office building - designed by Gensler - would rise at the corner of Olympic and Bundy, while the apartments - designed by Togawa Smith Martin - would be located in a seven-story, L-shaped property flanking the western and northern property lines.

Renderings depict large outdoor decks on both the office and apartments buildings, while additional open space would be provided in a large paseo cutting diagonally between Olympic and Bundy.

The Martin family, which owns the now-relocated Cadillac dealership, has partnered with Houston-based developer Hines on the project. Hines, which previously attempted to build a housing and office complex adjacent to the Expo Line's 26th Street/Bergamot Station, reportedly paid more than $200 million for its stake in the Martin Expo Town Center project.

Construction is expected to take approximately three years.

The project is the latest in a series of large developments flanking the Expo Line. Carmel Partners is now building 1,800 apartments between two projects at La Cienega/Jefferson and Expo/Sepulveda Stations, while a slew of developments - highlighted by Ivy Station - rise at Culver City Station.