New Downtown Luxury Tower Condominiums Ten50 Sells Out First Phase

LATen50.com  —  Trumark Urban recently announced a quick sell-out of the first phase of residences at TEN50. The second phase will start in the $600,000s.

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More than a third of the residences at TEN50 have been taken off the market by eager home buyers in less than two months since sales opened to the public. The luxury 25-story high-rise under development in downtown Los Angeles’ South Park neighborhood

The investment in DTLA’s renaissance is not one Trumark Urban has taken alone – news from significant retailers including Whole Foods Market, which recently opened just three blocks from TEN50, on the corner of 8th Street and S. Grand Ave, and Apple’s purchase of the historic Tower Theatre for a new flagship store has cemented the community at the core of development in Southern California. North of TEN50, The Broad Museum has spurred a new wave of artistic ingenuity and welcomes thousands of visitors each week. Once recognized as purely a concentration of careers in finance and fashion, nearly half a million people work every day in downtown Los Angeles.

“Working and living in downtown Los Angeles, I can’t wait to move into TEN50, and truly have a place of my own to call home, right around the block from my own business,” said Eva Shen, a first-time home buyer and owner of local coffee emporium, Impresso Cafe. “The building is at the center of exactly where I want to be– surrounded by hip hotels, new restaurants and just a few blocks from LA Live and the Staples Center.”

 

Slated for completion in late 2016, TEN50’s exterior is nearly complete and work on the interiors is well underway. TEN50 will feature an approximately 13,000-square-foot indoor/outdoor amenity deck, including “The Fifty”, a private residential lounge that flows seamlessly from the resort-style pool to the therapeutic yoga garden with sweeping city views, as well as the country’s first air-delivery-ready drone landing pad.

To help beat out other buyers to the best deals by putting the buyer’s interests above the seller’s interests, Downtown home shoppers can get free home buyer protection that includes priority access, proprietary information, free home warranty, $10,000 Savings Guarantee and a Love Your Home Guarantee at no cost to the buyer.  Call Downtown new home specialist Corey Chambers at (213) 880-9910 or visit www.LoveYourHomeGuarantee.com.

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Copyright © This free information provided courtesy L.A. Loft Blog and LAcondoInfo.com with information provided by Corey Chambers, Realty Source Inc, BRE#01889449 We are not associated with the homeowner’s association, seller or developer. For more information, contact (213) 880-9910 or visit LAcondoInfo.com  Licensed in California. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental. This is not a solicitation if buyer or seller is already under contract with another broker.

Oceanwide Plaza Update – New Luxury Condominiums Downtown Los Angeles

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Now under construction at 1101 S Figueroa Street in #dtla, #Oceanwide Plaza (formerly known as Fig Central) is one of several mixed use residential-hotel-retail megaprojects coming to life in the South Park district of the newly revitalized Downtown Los Angeles.

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It will consist of a mall, a 5-star hotel, and residential condominiums for sale, in the form of three connected highrises from 40 and 49 stories. A video from Urbanize LA, the company leasing out the 150,000 square feet of retail space in the new complex,  gives a close-up view of the shopping area and the new public space that Oceanwide Plaza will present. It will also include hotel ballrooms, nightclub, premium fitness center, celebrity chef restaurant, and an opulent spa.

https://videopress.com/v/OjT9amFr

The retail area will be inside a covered open-air shopping mall that will stretch along the bulk of the 4.6-acres of 1101 S Flower Street. The retail area is spread across two levels, and features a 37,000 square foot rooftop deck. Nearby residents of Flower Street Lofts will be pleased that the ground floor of the Plaza includes several pedestrian walkways between Figueroa and Flower.

Condominiums for sale nearby include the Residences at the Ritz-Carlton, Luma, Evo, Elleven, Concerto, Skyline, Market Lofts and Sky Lofts.

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The $1 billion development will also include 2 40-story residential towers and a 49-story tower that will contain a 183-room Roberto Cavalli Hotel and 504 condos. 32,000 square feet of the exterior will be wrapped up in a giant LED screen that will add to the Las Vegas style of bright lights already visible from LA Live just across the street. Developers expect Oceanwide Plaza construction to be completed in September of 2018.

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Get free updates on Oceanside Plaza new condos and other new homes in Downtown Los Angeles. Fill out the online form:

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