The current 57 unit multifamily apartment building will be converted into a 140 unit luxury lifestyle boutique hotel that will be affiliated with the Hyatt Unbound Collection of The hotel will have significant restaurant and bar operations. It will contain an underground bar, comedy club, ground floor three meal restaurant and active lobby bar, 95,000 sf of meeting space, 12th-floor destination entertainment fun bar, a brand new penthouse steakhouse with 25-foot floor to ceiling views. The activated rooftop amenity deck will feature the Ultra lounge with unparalleled views of the Los Angeles skyline.
Ownership has secured the Hyatt Unbound Collection franchise agreement, which is a luxury lifestyle brand.
The assembled ownership team of “best-in-class” partners that include award-winning Rebel Hospitality for the operational management of the hotel, National Properties for development, and TCG for construction management. Austin Company, (general contractor) wholly owned subsidiary of Kajima Corporation is providing a completion guarantee, Rockefeller Kempel- Architecture, EPG – entitlement, Mr. Important – Interior Design.
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