Address: 6250 Hollywood Boulevard, Los Angeles 90046 – corner of Hollywood + Vine
Asking price: $800,000 - $9,000,000
Number of units in development: 143
Number of units in contract: 50
Monthly maintenance: $1,331 - $2,940
Smallest unit (studio): 1 bedroom, 1 bath, 900 sq ft + 130 sq ft exterior terrace
Largest unit (penthouse): 3 bedroom, 3 bath, 3,230 sq ft + 945 sq ft exterior terrace
Completion date: November 2009
High wattage, luxury living reaches a fever pitch in the stunning W Hollywood Residences, part of a $350 million condominium-hotel complex under construction at Hollywood and Vine, with occupancy slated for November 2009.
The W Hollywood Residences offers high design and a raft of amenities: terraces, private pool, 24-hour “whatever whenever” concierge service, a Sweat fitness club, a Bliss Spa, and VIP access to the W Hotel’s bars, clubs and eateries (including the much-anticipated French brasserie Cote d’Azur). W Hotel will operate this 143 condominium building in conjunction with the 305 hotel rooms.
Certain to attract an elite class of high-powered, city-hopping entrepreneurial and creative types, the W Hollywood Residences will usher in a new era of hip, catering to a clientele whose every need (and perhaps vice? Hollywood is literally at their footsteps) can be satisfied on the premises – or is just a phone call away.
It is nothing short of a coup that the developers Gatehouse Capital brought this high-end condominium concept to market in an arguably noisy, traffic-dense neighborhood, during the worst real estate climate in decades -- and succeeded.
The units are selling – and despite the economic downturn, Hollywood is undergoing rebirth, dusting off its gritty Times-Square-in-the-70's dinge and returning to its place “at the center of the world.”
The units’ finishes include top brands: Kupperbusch, Subzero, Varenna, Ceaesarstone (kitchen), Kohler, Duravit, Dornbracht (bath) and Poliform (closet) and are sleek, contemporary and modern – as is to be expected from the W Brand.
Make no mistake – the W Hollywood Residences is no ordinary condo building and the developers are not appealing to the ordinary buyer. Occupants are paying a hefty premium (including homeowner’s fees that begin at $1,331 per month) to be where the action is.
If your typical night out involves a movie at the Arclight, dinner at the Hungry Cat, drinks at Club Pure, and a late-night swim with new friends at the private rooftop pool (with room service), you’ve come to the right place. W Hollywood Residences has style and magnetic star-power, and is destined to become the crown jewel of the Hollywood renaissance.
Bottom line: If you can swing it, sign on the dotted line. Beware: paparazzi and twitterati may follow.