Four years after announcing the project's groundbreaking, Atlanta-based developer Wood Partners has completed construction of Alta Ink, a mixed-use apartment complex near the Hollywood/Western subway station.
Located just east of the US-101 freeway at 5750 Hollywood Boulevard, the project includes 161 one-, and two-bedroom units, as well as a series of two-story live/work townhomes, accompanied by 5,700. A total of 14 units are reserved as low-income housing, per a condition of approval imposed by the City of Los Angeles.
"Alta Ink reflects the next generation of Hollywood living, bringing something truly special to the area," said Wood Partners managing director Joe Gambill in a press release. "Wood Partners has been very deliberate in our growth strategy in Los Angeles and across Southern California. We've developed some of the city's most notable residences, including Alta Hollywood, The Fifty Five Fifty and 8th & Hope Street. With Alta Ink, we're establishing a new iconic property just blocks from the heart of the world's entertainment capital."
Designed by Carrier Johnson + Culture, the seven-story podium-type building features a light and dark color scheme intended to evoke the image of a projector in a dark theater. On-site amenities include a rooftop terrace, a courtyard, and a fitness center.
Monthly rents for the property are listed between $2,632 and $7,033.
One of Wood Partner's previous developments - the Fifty Five Fifty - sits a few blocks east on Hollywood Boulevard. The company is among a handful of investors attempting to bring new housing to the area surrounding Hollywood/Western Station, including ABS Properties, which is behind plans for an adaptive reuse project and ground-up development at the station's namesake intersection.
- 5750 Hollywood Boulevard (Urbanize LA)