
The Ritz Carlton Residences add executive quality housing to Downtown LA that will eventually help attract company executives to move downtown (Photo: Ritz Carlton Residences at LA Live)
LA is no stranger when it comes to ultra luxury condo towers, but most are on the Westside (a more suburban, car-oriented section of Los Angeles). Think of Robert A.M. Stern-designed The Century (in Century City) with its new famous penthouse resident Candy Spelling trading in her 56,500 square foot mansion in the Holmby Hills for her new 16,500 square foot digs on the 42nd floor. That luxury condo trend has continued eastward, making its way to Downtown LA where the Ritz-Carlton Residences at LA Live is one of the few truly executive quality housing options available in our urban center — for now. With prices that range from $800,000 to $9.3 million, the luxury condo units are aimed at wealthy buyers who demand great amenities, high appointments, and attentive concierge service.
Continue reading →