LOS ANGELES-MBK Homes has broken ground on Vineland Metro, a community in North Hollywood with 27 detached, cottage-style for-sale homes. The individual homes will go on the market in February 2014, and residents can begin to take occupancy upon completion, estimated in Q2 of 2014.

The complex offers three floor plan options, ranging in size from 1,628 square feet to 1,920 square feet. Units have up to five bedrooms and two-and-a-half bathrooms and include attached two-car garages, echoing suburban-style living. Onsite amenities offer luxury appeal with stainless steel and granite gourmet kitchen, energy-efficient windows and water heaters and walk-in closets. Prices for the homes start at $400,000.

“We are excited to begin construction at Vineland Metro and for the opportunity to introduce a completely new type of housing option to North Hollywood,” says Rick Fletcher, MBK Homes VP of sales and marketing. “It's been an enjoyable process working with the City of Los Angeles to bring this community to life. We hope it is the first of many new communities to come in the area.”

In addition to merging urban and suburban living qualities, the property is located in a prime North Hollywood submarket within close proximity to public transportation, retail and entertainment. Office activity is also growing in the submarket, attracting new residents. Kennedy Wilson and Pacific Bank recently purchased a class-A creative office building on Lankershim Blvd. in the submarket for $45 million. Rob Hannan, Kennedy Wilson managing director of commercial investment and sales group tells GlobeSt.com, “Kennedy Wilson strongly believes in the various economic drivers inherent to the North Hollywood submarket, namely technology, entertainment and media-related industries.”

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Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.