LOS ANGELES, April 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.