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HOLLYWOOD, CA-The Irvine office of Foster City-based Legacy Partners has kicked off construction of its 375-unit 1600 N. Vine luxury apartment complex at the intersection of Hollywood and Vine. The complex, which will include 78 affordable units, is part of a $600-million mixed-use development that also includes a 305-room W Hotel, 143 W Residences, approximately 50,000 sf of retail space and transit plaza improvements at the Hollywood/Vine Metro Red Line Station.

The Legacy Partners project will be a 12-story high rise that will incorporate 30,000 sf of first-floor retail space, a fitness center, yoga/pilates studios, a swimming pool and a spa, a community clubhouse, barbecues and fire pits. The units will range from studio apartments that will average 800 sf to two-bedroom units of 993 sf to 1,591 sf, plus townhomes of one to three bedrooms that will range from 1,277 sf to 3,134 sf.

Legacy’s 1600 N. Vine complex fronts the Hollywood Walk of Fame, with more than 70 stars featured on the project’s property line. Artist Jennifer Steinkamp has been commissioned to create a public art piece for 1600 N. Vine as part of the Community Redevelopment Agency public art policy for the Los Angeles, which requires developers to incorporate art into their projects.

Completion of the project is expected to take about 26 months. In addition to Legacy, the project team for 1600 N. Vine includes CalPERS as an equity partner, general contractor Webcor Builders, construction lender Deutsche Bank Berkshire Mortgage and HKS Architects Inc.

The project is being developed on the entire city block bounded by Hollywood Boulevard to the north, Vine Street to the west, Selma Avenue to the south and Argyle Avenue to the east with the exception of the historic Taft Building on the northwest corner of the block at Hollywood and Vine. The Hollywood/Vine Metro Rail Red Line Station is located at the northeastern corner of the project site.

Construction is also under way on the W Hotel, which is being developed by Dallas-based Gatehouse Capital Corp. and HEI Hospitality of Norwalk, CT. The overall project is a result of five years of planning, negotiation and collaboration with the Los Angeles County Metropolitan Transportation Authority, the Los Angeles Community Redevelopment Agency, Los Angeles City Council and the Hollywood community. It is a product of the MTA’s joint development program, which works with public and private partners to encourage transit-oriented development around Metro station sites and along transit corridors.

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