A new multifamily property on Los Angeles' Wilshire Boulevard hopes to tap into the market's growing base of young professionals.
Santa Monica, Calif.-based architecture firm KFA designed the Wilshire Valencia project, which was developed by Astani Enterprises. The six-story, 218-unit, 300,000 plus-square-foot apartment complex is located at 1515 Wilshire Boulevard, at the corner of Wilshire Blvd. and Valencia Street.
The Central City West neighborhood, formerly dominated by office spaces, is now home to rapidly expanding dining, nightlife, residential, and cultural options with a distinct sense of neighborhood identity, all connected by the storied Wilshire Boulevard.
“KFA believes that high-quality, urban infill projects like the Wilshire Valencia are the optimal solution to the challenge of providing hip, attractive living spaces for young professionals seeking to live in the urban center,” said KFA Associate and Project Manager, Laura Highcove, AIA. “Creative solutions for density combined with a great location is essential to smart growth,” she added.
The Wilshire Valencia’s 218 units are a mix of studios, one- bedroom and 2 bedroom units, including a few affordable units. There are 4,000 square feet of retail spaces suitable for restaurants and shopping along Wilshire, along with the resident entry lobby and leasing center. Generous amenities include 20,000 square feet of recreation space, including two landscaped courtyards, outdoor lounge spaces, and a pool and spa.
The Wilshire Valencia is also home to a fitness center and pool-side lounge, outdoor basketball court, lush landscaping and an exterior game lounge. The apartments have nine-foot-tall ceilings, built-in cabinetry, generous windows, private balconies and individual washers and dryers in the units. Parking is provided in an underground garage, as well as a secured bike storage room.
The building’s architecture is carefully emphasized with the use of contrasting materials, including natural stone tile, smooth plaster finishes, with wood, aluminum, and glass accents. The project’s façade is distinguished by a contrasting pattern of extruded rectilinear elements that extend along the length of the elevations. The building’s massing is recessed at various points along the public way for balconies and circulation space, which provides for a playful articulation of the façade.
The Wilshire Valencia features prominent views of the Hollywood Hills, the Mid-Wilshire district, and Downtown Los Angeles to the east, which is only a couple miles away on Wilshire Blvd. The City West neighborhood is changing quickly.
The nearby Teragram Ballroom is one of Downtown’s popular concert venues. It’s a short walk over a freeway bridge to the restaurants, cafés and lively lobby bars along Seventh Street in the Financial District.