Cityview is making steady progress on its 243-unit apartment community known as 1800 Beverly. The six-story building, which broke ground in October of 2019, is expected to be completed in the fourth quarter of 2021.
The project is being developed by the West-Coast-based real estate investment and management firm, with designs from architecture firm Humphrys and Partners. While still in progress, the soon-to-be-completed development will offer 80 studio, 114 one-bedroom and 49 two-bedroom units.The project also plans for 21 affordable units. In total, the $100 million development will encompass 221,000 square feet and offer 3,500 square feet of ground retail space, which will accommodate up to three tenants. The project also includes 292 vehicle parking spaces and 272 bicycle parking spaces in a two and a half level parking garage.
The apartment community also will offer tenants a variety of amenities, including a resort-style pool and spa, a 2,236 square-foot fitness room and yoga studio, a speakeasy lounge, Korean and traditional BBQs, dog park and pet wash, outdoor fireplaces, 9,082 square feet of courtyard space at the second floor and a 2,750-square-foot skydeck. The community will also accommodate for tenants who have switched to remote work amid the COVID-19 pandemic by offering a range of communal workspaces, conference rooms and private offices.
“Paying homage to Historic Filipinotown’s musical and cultural influence, the lobby will feature a player piano and hidden speakeasy, with a variety of textural and design elements to reflect a modern take on traditional art deco design,” CEO of CityView Sean Burton said.
While located in the Historic Filipinotown, the property is in close proximity to Echo Park and Downtown Los Angeles as well. The surrounding area also offers a variety of retail and restaurant properties, and is serviced by the Metro Bus Line 14 and the LADOT Pico Union/Echo Park DASH for easy commuting.
“This project is a natural fit for Cityview’s investment strategy, which centers around developing urban projects that are close to job centers and transit with strong lifestyle and walkability factors,” Burton said. “The Los Angeles area is in desperate need of more housing, and we are looking forward to bringing a unique property to the HiFi market that will benefit residents and the surrounding community for years to come.”
While scheduled for completion by late 2021, the project site was formerly home to three buildings, which included an approximately 23,189 square-foot vacant commercial building used for storage, an approximately 13,226 square-foot commercial building, an approximately 6,137 square-foot, 12-unit apartment building and a surface parking lot. The three structures were built between 1923 and 1951, and were demolished prior to the start of construction on the soon-to-be completed building.
