(To read more on the multifamily market, click here.)

|

BEVERLY HILLS, CA-Galaxy Commercial Holding of Beverly Hills hasslated a summer opening of an 11-story former office building at8601 Wilshire Blvd. that the developer is converting into a 37-unitluxury apartment tower called the Blu. Galaxy expects the firstresidents will move into the building this summer, into units ofone and two bedrooms that will range from 900 sf to 1,300 sf andare expected to rent for $4,000 to $7,000.

|

Designed by Gensler, the Blu occupies a spot in what Galaxycalls "the new luxury lifestyle district within Beverly Hills." Thelocation is close to West Hollywood, Restaurant Row on La CienegaBoulevard and the shopping of Rodeo Drive and Beverly Center.

|

The Blu units will be wired for digital cable, multiple phonelines and high-speed Internet access. Amenities will include afull-service concierge, a doorman, a fitness center with Precor,Life Fitness and Cybex equipment, a media room with a coffee bar,WiFi connectivity, conference call capabilities and a rooftopterrace lounge.

Want to continue reading?
Become a Free ALM Digital Reader.

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.