The classic curved façade of 5500 Wilshire occupying a prominent block on Miracle Mile in Los Angeles signals a property in sync with its future, as well as, its past. The nod to Art Deco and Moderne style of the five floor luxury contemporary apartment building pays homage to the famous boulevard where in it’s heyday was a main thoroughfare in early Los Angeles and among Hollywood types.
Just down the street former MGM star Joan Crawford had lunch at Perino’s, silent picture stars lived nearby in Hancock Park, and others whom officed in the Desmond building.
Today, actors that grace the covers of magazines like LA Confidential call 5550 home. The mixed-use real estate venture officially opened in early 2011 and still beckons the entertainment and creative industries. Considered a new landmark along vibrant Museum Row, 5500 sits on Wilshire Boulevard, a primary east-west arterial street in the region. Close by, lunch is at Mixt, a fast paced gourmet salad bar, Chipotle (on the 5550 retail level) or The Counter for the minions of broadcast and magazine workers from E Networks, Variety, Hollywood Reporter, CBS Radio and many more top media outlets. French reality show, “Hollywood Girls,” Germany’s “Next Top Model,” “Celebrity Kitchens,” and even “American Idol” have filmed at the property.
To keep a high-end residential community of business professionals, actors, athletes, and designers satisfied while attracting other discerning residents and Los Angeles tastemakers to the luxury apartments, 5550 offers an urban resort style setting with a diverse collection of amenities. The chic spacious flats and lofts are decorated in an interiors palette of blonde woods and hues of green or dark espresso with light blues. The common area design picks up the blue tone to combine with gray and teal, adding texture, lush landscaping and water features throughout.
Thirty-four (34) different floor plans (layouts much larger than most apartments) comprised in 163 units include one and two bedrooms, two bedrooms with creative “den” space, as well as, three bedroom Loft-style penthouses (square footage of units range from 821 – 2,061 sq. ft. with rents from $2,800 to $7,000).
Signature accommodations include 360-degree panoramic views that are punctuated with four distinctive outdoor, common-use corner terraces, heated pool with cabanas and sun deck, stunningly decorated resident’s lounge, spa, sauna and steam facilities, a 6,000 sq. ft. two-story professional fitness studio (with NFL sanctioned Hammer Strength free weights), and a plush resident movie theatre with digital surround sound. The home’s expansive windows flood rooms with light to capture mountain, skyline or city views and feature residential style interiors and nine and ten-foot volume ceilings replete with a gourmet kitchen and island. Signature materials include Ceasarstone countertops, Kohler sink with glass tile backsplash, Dacor stainless appliances, Whirlpool “Duet” washer/dryer, flat panel bamboo cabinetry, designer ceramic tile, and many more contemporary finishes and features.
5550 Wilshire is the answer to a dedicated community effort by many private and public partners that has now become the trend in housing. The goal of assimilating commerce and residential concerns for the development along this premier commercial corridor, densely populated and historic area was paramount. The consensual view from a consortium of developer Legacy Partners’ consultants including a historian, architect, and community representatives was to achieve balance and preserve historic and cultural character. The resulting property, which achieved a “walkability” score of 97/100, complements the revitalization of iconic Miracle Mile’s Art Deco and Streamline Moderne architecture, once known as “America’s Champs-Elysees.” The building’s construction (originally designed as condos) features innovative use of Alucobond, which enhances the project’s creative design by using light gauge steel rather than wood or concrete to favor overall stability. The project team includes building developer and manager, California’s Legacy Partners, Thomas P. Cox, Architects, Inc., Interiors by Faulkner Design Group, and landscape architects HRP/Valleycreste Design Group.
Throughout its long history, Windsor Property Management has sustained a reputation for outstanding professional property management with an emphasis on service. Windsor first entered the real estate arena in 1960 with apartment buildings in Massachusetts. Since then, Windsor has managed properties in 22 states in excess of 40,000 apartment homes. Today the portfolio extends from California to Massachusetts including over 70 residential communities in 16 states and the district of Columbia, comprising more than 22,000 apartment homes. Check the website.
For more information about 5550 Wilshire Boulevard, artwork, interview with management or a tour of the property, please contact Valentine Group LA Public Relations at 323.879.VGPR (8477)
Published on Dec 11, 2013