GPI Cos. Launches Luxury Los Angeles Community – Multifamily Real Estate News
Cos GPI. began renting at Nine Thousand One, a luxury mixed-use development comprising 46 apartments in the West Hollywood neighborhood of Los Angeles. Douglas Elliman Realty Josh Flagg will be the lead residential rental agent for the boutique property.
Steinberg-Hart in collaboration with Studio WORKPLAYS are the architects of the project, with Colacion Studios in charge of interior design. All property management tasks will be handled by Greystar Property Management.
Nine Thousand One offers a mix of one- and two-bedroom floor plans, as well as two-story townhouses, all offering between 1,100 and 2,200 square feet, plus private terraces. The five-story property will feature 10,000 square feet of retail space, including 6,000 square feet of restaurant space. The Uchi restaurant and Pilates Solidcore studio will be located on the ground floor of the building.
Communal facilities include a fitness center, swimming pool, park, clubhouse, business center, private lobby with 24/7 concierge service, and two-level underground parking . The community will offer in-unit cleaning, dry cleaning with pickup and delivery, and on-demand car wash, among others.
Los Angeles’ strong multi-family pipeline
Located at 9001 Santa Monica Blvd., the community is near the Beverly Hills Design District, providing access to several Beverly Hills shopping malls, nightlife spots, restaurants, parks and galleries. Bordered by Melrose Triangle and Robertson Lane, Nine Thousand One is located minutes from Rodeo Drive, the shopping districts of Sunset Strip and Beverly Boulevard, Cedars-Sinai Hospital and the Pacific Design Center.
Multifamily construction activity continues to increase in Los Angeles, with 12,420 units completed in 2021, marking a new decade. As of April, Los Angeles had 30,079 units underway, with an additional 150,000 apartments in the planning and permitting phase.