A luxury rental community consisting of one large four-story building containing 123 units and a smaller three-story, wood framed building, containing 47 units, on a separate (non-contiguous) adjacent Parcel. The residential building structures on the larger site are designed around an integrated, on-grade, four-story concrete parking structure providing direct level garage access to the individual units. The smaller structure is constructed over one level of parking structure. The unit mix contains 84 (49.4%) one-bedroom units in three floor plans, 69 (40.6%) two-bedroom units in three floor plans and 17 (10%) three-bedroom units in a single floor plan. The units average 961 square feet of net rental area. The project is located within the area known as Marina del Rey, within the city of Los Angeles. Marina del Rey is in the dynamic, west side Los Angeles market, known for its elite waterfront location and for being Los Angeles’ premier pleasure boat harbor.
AWARDS:
Winner of the distinguished 1999 Gold Nugget Award (Pacific Coast Builders Conference) for Best Multi-Family Project – 4 or More Stories; Bala Award, “Best in American Living Award” for Best Rental Development, sponsored by NAHB (National Association of Home Builders); Professional Builder Magazine and the “Pillars of the Industry Award” for Best Luxury Multi-Family Development, sponsored by the NAHB (National Association of Home Builders), Multi-housing News.
