THE REVEAL, PLAYA VISTA
Project:
The Reveal, Playa Vista, is a 214-unit multifamily property built in1985 consisting of an even mix of 1×1 and 2×2 bedroom units. This property was repositioned into the era of ESG goals meeting LEED certification with new climate and lighting controls, a total renovation of all units, an extensive remodel of the leasing office, lobby, clubhouse, co-working space, conference rooms, fitness center, all corridors, mailroom, pool- deck, roof deck, exterior-facade and entry, landscaping, and all new branding.
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Client: Clarion Partners
Address: 5710 E. Crescent Park, Los Angeles CA, 90094
Scope of Work:
Scope of Work included a wallpaper throughout common areas, an upgrade to Green Energy LEED Compliance, a total renovation of all corridors, elevators, and relocation of leasing office, lobby, clubhouse, fitness center, mailroom, common area restrooms, renovations of conference rooms, pool and roof decks, co-working spaces, corridors, entry, and building facade. It also included a total renovation of all units.
Highlights & Achievements:
- Achieved COO one-month ahead of schedule during height of Covid pandemic.
- Return On Investment successfully generated an $800 average increase in rent per unit.
- Delivered 20 fully renovated units per month for duration of project, from down to the studs.
- Full upgrade to LEED Compliance in all common areas with the latest climate and lighting controls.
Value Add:
Specialty Items Installed in 202 Units. Our execution delivered 20-Units per Month full-gut. Kitchen and bath renovations included:
- Two-color cabinetry schemes to choose from, attracting a wider audience, light and dark.
- A two-tone color scheme in the darker unit, with dark wood and black cabinetry mixed.
- 4-bottle wine fridges in kitchen
- Filtered water system with faucet at kitchen sink
- Defogging and Back-lit Mirrors in restrooms
- Built in floating shelves in restroom
- Niches built in shower walls
- Built-in closet shelving in bedrooms