Wood Partners Announces Grand Opening of the Fifty Five Fifty

LOS ANGELESApril 19, 2018 /PRNewswire/ — Wood Partners, a national leader in real estate development and acquisition, announced the grand opening of The Fifty Five Fifty today in Los Angeles, California. The new 280-unit community is located at 5550 Hollywood Boulevard, between historic Hollywood and vibrant Los Feliz.

“The Fifty Five Fifty is strategically located in East Hollywood where residents can enjoy the iconic Hollywood backdrop while taking advantage of the emerging arts and cultural scene in Los Feliz,” said Brian Hansen, Wood Partners’ Western Region Development Director. “The community is conveniently adjacent to the metro and in close proximity to both Griffith Park and Griffith Observatory, making it an ideal community for young professionals, the creative community and families.”

The Fifty Five Fifty features over 3,000 square feet of gym and fitness space, open courtyards and outdoor fireplaces, a pool and spa, workout facilities, a theater room and stunning views of the city. Residents will also have easy access to prime retail and shopping from the ground floor of the community. The facade of legendary 1920’s-era Falcon Studios building – where the original Zorro star, Errol Flynn, taught fencing lessons – has been integrated into The Fifty Five Fifty’s design.

The community also features Wood Partners’ unique cultural program called The Ground Floor Project. At The Fifty Five Fifty, Wood Partners and The Ground Floor Project have partnered with local artists to create spaces to host original and interactive performances at the community. As The Ground Floor Project continues to evolve at The Fifty Five Fifty, residents will have access to monthly cultural and entertainment events from Los Angeles-based artists.

The community offers residents luxury finishes, modern conveniences, and easy access to urban living in a setting that retains Hollywood’s unique character and charm. The Fifty Five Fifty features studio, one-, two- and three-bedroom floor plans that range from 480 square feet to over 1,200 square feet.

Alta Gateway Station in Utah Wins Development of the Year

Newswire, April 4, 2018 — Wood Partners, a leader in real estate development and construction, announced their downtown development, Alta Gateway Station, has been named “Development of the Year” by the Utah Apartment Association.

The Utah Apartment Association hires a secret shopper to shop all of the nominated properties. Properties are judged on the development design, comfort through features and amenities, how the development adds to the neighborhood and if it complements the surrounding areas well. The Utah Apartment Association also judged staff knowledge, customer service and the cleanliness and maintenance of the building. This is the first award for Wood Partners from the association.

“I grew up in Utah and am a graduate of the University of Utah. I have pursued development opportunities in the Salt Lake City market for almost 25 years and seen the tremendous growth and change,” said Director for Wood Partners Tim McEntee. “I am ecstatic that our first project in Utah is being recognized for our thoughtful design and best-in-class service that Wood Partners is known for.”

Alta Gateway Station is a transit-oriented community located next to The Gateway mall, which is in process of an extensive $100 million renovation. The Gateway features entertainment attractions like The Depot concert venue, Wiseguys Comedy Club, Megaplex Theatres and the Clark Planetarium. A new Dave and Buster’s restaurant and arcade, the first in Utah, is slated to open in May. The Gateway mall is the largest, open-air retail complex in Salt Lake City, and is quickly becoming one of the premier dining and entertainment spots for local residents, featuring local food trucks and events like the thriving Urban Flea Market. Alta Gateway Station is in an ideal location for young professionals to take advantage of the vibrant offerings in downtown SLC while having immediate access to multiple modes of transit including TRAX and FrontRunner.

“We’re thrilled that Alta Gateway Station has been recognized by the Utah Apartment Association,” said Clay Iman, director for Wood Partners, who managed the development from its early stages. “Our goal was to develop a project that delivered top-tier amenities while creating a sense of community, and our terrific on-site management team has really brought that vision to life.”

The 277-unit community, managed by Wood Residential Services, features studios, one-, two- and three-bedroom floorplans. Alta Gateway Station also features a rooftop deck with entertainment kitchen, pool and hot tub, cyber café, game room, wine storage, a clubroom, fitness center, bike/ski repair shop, dog wash and dog park.