Save the date: RealShare L.A.comes to the Hyatt Regency Century Plaza in Los Angeles, CA on March 27, 2013
NORTH HOLLYWOOD, CA-Tenants have started moving into Meta Housing Corp.'s $32-million housing development here for seniors that it says is the first in the nation to have an on-site professional theater.
The 204,030-square-foot apartment complex stands at 10747 Magnolia Blvd. It has 126 one-bedroom and two-bedroom units, with monthly rents starting at $1,750.
John Huskey, CEO of Los Angeles-based Meta, tells GlobeSt.com that the development firm is targeting seniors who are interested in the arts and expects that many of its residents will be retired or part-time entertainers.
“We want this development to foster the arts at every level,” Huskey says.
Meta is partnering in the project with Road Theatre Co., a professional acting troupe that will produce the plays for the 78-seat theater. The builder is also collaborating with EngAGE, a non-profit organization that will provide an integrated program of arts and wellness classes taught by college-level professionals and offered at no charge to residents of the new community.
Amenities at the complex also include a visual arts studio, a digital arts studio and a modern fitness center. It also has a computer and business center.
Keep a look out for a guest column from Huskey in the next few days. He will go more in depth on where to build multifamily.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 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.
