The Small Space Marketplace

List Your Space

Find Space

Home About Us Executive Subscriber Membership RENTV Conferences Newsletter Contact Us Advertise
April 21, 2018
 Search RENTV
   Go!
 Video Programs
 News
News Home Page
Southern California
Northern California
Pacific Northwest
Texas/Southwest
Retail
Multifamily
Financing
Prop. Management
Archives
Press Releases
 R. E. Marketplace
Service Providers
JobWorks
Property Spotlight
 RENTV  Conferences
Subscriber Login:
  
Email      
    Go!
Password      
Forgot Password?



HOME PAGE NEWS
Printer-friendly Version   Email an Associate
Strategic Legacy Investment Group About to Break Ground on New 21-Unit Res Project in Hollywood

3/21/18

Strategic Legacy Investment Group Inc (SLIG) is about to begin work on a new multifamily development in Hollywood called The Reality @ Tamarind North. SLIG has already commenced demolition of the existing properties at the site, at 1432 and 1436 Tamarind Ave, just north of Fountain Ave.

The new project is the result of a two-lot assemblage that measures 13k sf in size. Prior to the demolition, a duplex and a triplex structure with substandard units occupied the site.

The Reality @ Tamarind North will consist of 21 two-bedroom/two-bath units, which will be available for lease as of June, 2019. SLIG’s subsidiary, Strategic Legacy Management Corp, will be handling the marketing and leasing. Architect Babak Azimi designed the new complex, which will be built by Burrell Construction, led by George Robles, along with senior project manager, Emanuel Sabet.

The project’s amenities include smart home technology, a media room, secured subterranean parking, solar rooftop panels, bike stations, indoor/outdoor rooftop lounge, ground level pool and lounge area, BBQ area and electric car charging stations. In addition, residents will get private access to all amenities located at the future "sister" multifamily development, called The Reality @ Tamarind South, which will contain 32 units.

With a Walk Score of 83, the property is centrally located within blocks of all that Hollywood has to offer, including The Dream Hotel, ArcLight Theatre, W Hotel, Emerson College, Netflix Corp Headquarters, Sunset Bronson Studios, and numerous amenities, designer stores, restaurants and Hollywood's famous nightclubs. In addition, this project is only two blocks away from two Metro Redline stops.

SLIG is an active investor and developer in the Hollywood market. The Reality @ Tamarind South is part of a six-property multifamily portfolio with an estimated total value of $72 mil. Four of these are currently being developed by SLIG within a mile of this project. The total SLIG portfolio is now valued at an estimated $270 mil.

Sabet, Senior Project Manager of SLIG, noted about the project, “With many new developments in Hollywood and particularly on Tamarind Street, we felt it was important to deliver a product that was a bit more elegant and well-designed, with the latest in technology and amenities."






Return to the previous page


 
 


 


 
 





Home | About Us | Newsletter | Contact Us | Executive Subscriber Membership | Executive Subscriber Home | Advertise
Southern California | Northern California | Pacific Northwest | Southwest | Retail | Multifamily | Financing | Property Management
Archives | Press Releases | Service Providers | JobWorks | Property Listings

Copyright © 2018 by RENTV, All Rights Reserved
Website designed by Regency Web Services, Inc. and powered by Lightning Media