Vancouver-based Onni’s new 33-story tower adds 303 luxury corporate housing units for rent to Downtown LA’s burgeoning South Park district.
Level Arrives: Posh New Fully Furnished Apartments Open in Downtown LA
DTLA Rising with Brigham Yen
September 7, 2015
It’s so gratifying to see Onni’s South Park tower — named Level Furnished Living — finally completed after more than 2.5 years of construction. We’ve watched this thing go from an ugly surface parking lot at the corner of 9th and Olive to a gleaming new 33-story high-rise that now adds another nice dent to our growing skyline. Even more important, it now adds a significant injection of life to a still-desolate section of South Park that desperately yearns for more urban street life activity, which will be coming in the form of new restaurants and stores on Level’s ground floor.
Occupancy for Level’s first new short-term residents started in June where over 150 apartment units (out of 303 total) filled up rapidly with high summer demand from many overseas guests according to Level’s Regional Vice President Javier Cepeda. Short-term residents you ask? If you’re not familiar with the Level brand, it’s an extended-stay concept from Vancouver, Canada that focuses on corporate guests staying 30 days or longer. To me, it basically comes off like a middle ground between a hotel and an actual full-time residential property.
Residents are charged on a monthly and annual basis but even shorter term residents can be charged on a per night basis as well. Apartment units, which range from one to three bedroom layouts, come fully furnished along with gourmet kitchens stocked with Bosch appliances and Sub-Zero built-in fridges. All units include washer and dryers and bathrooms provide residents with high-end Molton Brown bath products. To top things off, the most important thing in life (to me at least) is to get a good night’s sleep, and Level’s definitely got you covered in that department with Hypnos beds, which is apparently how the Queen of the United Kingdom catches her Z’s every night.
In addition to those fully furnished apartments (and yummy city views I forgot to add), the most impressive thing about Level to me was the truly amazing amenity deck on the fourth floor. They weren’t kidding when they said it’s supposed to be like “resort living.” There’s a huge gym with pretty much every fitness equipment you can think of including dumbbells that go up to 100 pounds that would please even hard core body builders. Outside, you’ll find plenty of areas to lounge and stay active with BBQ grills and fire pits, a full sized basketball court, a beautiful infinity pool and spa with cabanas, and even a stand alone sauna. All in all, walking around the amenity deck felt like I was transported to some posh hotel on the Vegas Strip.
Onni decided to go with their Level brand (yes, Onni owns Level) for their first residential project in Downtown LA because, much to their surprise, they saw a void in the luxury extended-stay market here in LA, and especially in Downtown LA where it’s pretty much non-existent. Housing for corporate guests is a lot more common in other global cities like Hong Kong or New York and LA is finally starting to become more like other big global cities — finally.
To read the original Brighman Yen article, click here.