After more than two and a half years of construction, Chinatown’s very first market rate housing development called Jia Apartments is now officially open. Developed, owned, and managed by Equity Residential, the new mixed-use project — with a new Starbucks opening in early April and a couple more restaurants in lease negotiations — rises six stories adjacent to the striking Chinatown gateway with its twin golden dragons guarding the Broadway entry. Jia Apartments, which cost $93 million to develop, signals a new economic incline for Chinatown as more money is being invested into this northern district of Downtown LA. Finally, Chinatown joins the rest of downtown’s development wave that has reinvigorated the city center with new life and regional relevancy.
Move-ins at Jia started in late January and already twenty units are now occupied out of 280 total consisting of studios, one, and two bedrooms. Another ten leases signed will be moving in soon according to the leasing center. All units come with kitchen appliances (with gas stoves) and a front loading washer and dryer. All residents also get one onsite parking spot per bedroom included in the rent.
A breakdown of units and snapshot of pricing include: studios averaging 614 square feet start at $1765, one bedrooms averaging 758 square feet start at $1825, and two bedrooms averaging 1173 square feet start at $2525.
What anyone will notice while getting a tour of Jia is just how amenity rich this apartment complex is. The outdoor pool located on the second floor is surrounded by ample lounging chairs and cabanas as well as a spa. More lounging chairs straddle a double-sided fireplace near the pool with two large barbeque grills. A “socialize cabana room” along with another huge recreational clubroom that’s got a full sized kitchen and billiard table become extensions of the pool deck. In addition, there is an expansive 24-hour fitness center with weights, machines, and cardio equipment. And a business center with conference table to top things off.
As a dog owner myself, I was also pleasantly surprised just how pet friendly this building is. The apartment allows up to three pets per unit with no size restrictions on dogs! If you want to attract the new generation of urban dwellers, being pet friendly definitely can’t hurt. Even so, what could be improved is adding a dog run, which currently does not exist nor are there any plans to add one on site. Perhaps with enough demand that could change.
Lastly, we should clarify how to pronounce Jia, which means home in Mandarin Chinese. When I first called the new apartment complex in Chinatown this week, a recorded female voice said “Thank you for calling Jia (Gee-uh) Apartments,” which just about made me squirm! If the effort was made to name the apartment after an actual Chinese word, which is deferential to Chinatown, I think it should also be pronounced correctly, don’t you think? Click here to listen to a pretty accurate pronunciation from Google Translate.
For more info about Jia Apartments and other Equity Residential properties in Downtown LA, click here.
Outside Tour at Jia Apartments
Inside Tour at Jia Apartments
Residential Amenities at Jia Apartments