Property Size

• 266 rental apartments
• 8,500 square feet of retail space

Local Population Density

• 18,500 people/square mile

Highlights

• Invested in the development project through a venture with the property’s developer, Forest City Residential West.
• Located one block east of the Staples Center and L.A. Live.
• Eight-story residential building with ground-floor retail space and an attached parking structure.
• Project amenities include a lap pool with extensive sun deck, an indoor fitness center and an interior courtyard with a fire pit.
• Apartment units feature high ceilings, open floor plans and expansive window areas.
• Site is subject to a long-term ground lease from the Community Redevelopment Agency of the City of Los Angeles.
• Construction was financed through proceeds from the sale of tax-exempt bonds; 20% of the units are designated as affordable housing for low- and moderate-income residents.

Awards & Honors

• Winner of the National Association of Home Builders Multifamily Council’s Pillars of the Industry Award in 2007 as the nation’s Best New Loft Community.
• Received the Los Angeles Business Council’s Best Multifamily Mid-Rise Architectural Award for 2005-06.

Related Websites

• Met Lofts

Walk Score:  93     |    Transit Score:  100     |     Bike Score:  76

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