Mack Urban Made a Great Deal in South Park

Wren Residences is a 22-story, 362-unit tower.

LOS ANGELES—Mack Urban’s epic land buy from 2013 is turning out to be a great play. The developers is unveiling WREN Residences today, a luxury 362-unit low-rise apartment building in South Park, into a phenomenal market. Since the firm has begun development, the neighborhood has really exploded, bringing in loads of demand for the property.

“This is part of a large multi-phased investment that we are making in South Park,” Paul Keller, founding principal and CEO of Mac Urban, tells GlobeSt.com. Ultimately, I think it will be transformative for the neighborhood. It really takes advantage of a lot of the present attributes of South Park, like L.A. Live. That combined with the low-rise multifamily rental communities that are being introduced, South Park is the cleanest, safest in the entire CBD.”