Quote:
Originally Posted by ferneynism2
I wonder what you get for $400,000 range and what floor?
|
You're in luck! You
would be able to get something! Though $400,000 is entry level.
From
Los Angeles Downtown News:
Park Fifth to Soar as Tallest Residence in the West
Opulent, $1 Billion High-Rise Condominiums Launch 'Infinity Living' in L.A.
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Look up, Los Angeles! In a defining moment for the city's Downtown renaissance, the estimated $1 billion Park Fifth will soon transform the Los Angeles skyline as the tallest residential building West of Chicago.
With Park Fifth's soaring heights and measureless possibilities for exciting urban lifestyles, "infinity living" comes to L.A. Standing at the corner of Fifth and Olive streets, facing historic Pershing Square. The spectacular Park Fifth will bring an all-new, vertical California lifestyle to the vibrant Downtown mix.
Capital partners, Africa Israel and Namco Capital Group, along with development partner Houk Development Company, are creating an architectural landmark in their visionary plans for Park Fifth.
"We believe Los Angeles is ready to embrace a more sophisticated, upscale, urban way of living that adapts the New York lifestyle seamlessly to Southern California's unique character and natural setting," said Rich Marr, project manager. "Sparkling in full sunlight and rich in lush greenery, Park Fifth will be a Downtown oasis that epitomizes Downtown Los Angeles' revitalization into a cultural, entertainment and social center," he added.
The world-class team for Park Fifth includes the globally renowned design architectural firm of Kohn Pedersen Fox, the Los Angeles office of Leo A. Daly architectural firm, and the leading international interior design firm Hirsch Bedner Associates. Groundbreaking is slated for the first quarter of 2008.
Park Fifth's striking, high-tech design of concrete-and-steel construction features a lofty 76-story tower and a 43-story tower, connected by a 15-story residential bridge. A grand staircase connects the principal pedestrian entrance of the 43-story tower to Park Fifth's defining feature, the plaza above. Two 14-story mid-rise structures surrounding a plaza create street life and activity.
The architect's vision creates a progression through outdoor spaces of varying scales and levels of privacy, from the street-level park (public) to an elevated plaza (semi-public) to a 15th floor roof garden (semi-private) to the individual units and terraces (private). The Park Fifth project will also include a 218-room, five-star hotel, to be operated by one of the leading names in luxury hospitality.
Flanked by the spacious lobbies of the residential towers and hotel, the public plaza dazzles visitors with a sculpture garden, water features and a casual cafe, and cascades down to an elegant restaurant offering indoor and outdoor dining overlooking the park at Pershing Square.
In late June, Park Fifth's showroom will open by appointment, displaying life-sized models of its 732 residential units and a "virtual tour" providing a fascinating glimpse of Park Fifth's nature-embracing design, exquisite taste, wealth of comfort and services, and setting among urban attractions.
Park Fifth offers unprecedented opulence, fantasy and flair within the brilliant complex's high-energy, super-connected, here-and-now scene. The glass-clad towers will command breathtaking, unimpeded views of the city, from the mountains to the ocean through glass balconies and floor-to-ceiling windows.
Choices for residents range from $400,000 to $3 million and from live/work lofts and pied-à-terre suites to two-story, 3,000-square-foot residences. All units feature generous outdoor living spaces, attuned to the infinitely varied styles of California living, and private lanais, terraces and sky gardens. Every unit is equipped with state-of-the-art technology, from telecommunications and entertainment to next-generation, "smart house" systems.
As befits its towering stature on the L.A. horizon, Park Fifth provides an unmatched degree of luxury and convenience for its residents. Three concierges are at their service in the three residential and hotel lobbies. At the lobby level, services include valet parking, car rental and a secure pet walk for four-footed residents, as well as a host of other day-to-day needs.
For pleasure and entertaining, Park Fifth will have an observation deck, rooftop gardens with nighttime lighting and built-in fire pits, multiple party rooms, a tiered classroom for wine tastings, cooking classes and seminars, and two rooftop pools and whirlpools with food and bar service. Both towers offer 20-seat theater viewing rooms, music and video libraries for residents and fitness centers with the latest in fitness equipment. The hotel at Park Fifth features a luxurious health spa.
For more information on Park Fifth, visit parkfifth.com or call (213) 629-0000.
page 31, 5/21/2007
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