Search
 

Playa Vista Is Running Out of Residential Stock

LOS ANGELES—Jewel Playa Vista is one of the last new construction residential projects in the market, and it is meeting a huge demand for residential space.

By Kelsi Maree Borland | kelsimareeborland | Updated on February 14, 2017

jewelplayavista

LOS ANGELES—Playa Vista’s residential market is nearly built out. This weekend. Brookfield Residential and Hilton & Hyland opened Jewel Playa Vista, one of the last new construction residential projects in the market. Walking distance from the popular Campus Playa Vista, the community has 14 detached for-sale homes.

“These are really the right conditions to design and build new, high-end residences,” Alison Girard, Playa Vista director of marketing at Brookfield Residential, tells GlobeSt.com. “There is already a jobs/housing imbalance on the Westside of approximately three-to- one. The Jewel residences—priced from the high $3 millions—join homes at all price ranges in Playa Vista. And Hilton & Hyland is the ideal broker partner for high-design homes.”

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

Once you are an ALM digital member, you’ll receive:

  • 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

*May exclude premium content
Already have an account?

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.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.