Pendry Hotels & Resorts recently announced the first release of Pendry Residences West Hollywood by Montage Hotels & Resorts for purchase. Together with AECOM Capital, the investment adviser of global infrastructure firm AECOM, and Combined Properties, a full-service real estate firm, the Residences are scheduled to open in summer 2020.
Pendry Residences West Hollywood will be comprised of a limited collection of 40 private residences with prices starting from $3 million. It occupies a prime, walkable location on Sunset Boulevard, with spectacular views of nearby hills, downtown LA, and the vibrant cityscape.
The overall development is $500 million and consists of two adjacent buildings: one 12-story, 143,670-sq-ft hotel building with 149-room; and a separate 145,804 sq-ft building that houses the 40 luxury residences. There are also 400 below grade parking spots.
“In the heart of the new Sunset Strip, Pendry Residences West Hollywood promises to be unlike anything else in the city and deliver a new level of fully serviced living in modern Los Angeles,” said Warren Wachsberger, AECOM Capital partner and managing director in a press release.
The project is designed by architecture and interior design firm Ehrlich Yanai Rhee Chaney Architects, and executed by Cuningham Group Architects, with interiors by Martin Brudnizki Design Studio. AECOM is serving as construction manager on the project through its AECOM Hunt business. Landscaping is by Lifescapes.
The development is located in a dense urban community, surrounded by three mid-rise hotels on Sunset Boulevard and a residential neighborhood on the south side.
“Due to the denseness of the area, the project is constrained by the amount of laydown available for deliveries and the project’s hours of operations are also limited in order to be sensitive to the adjacent residential neighborhood,” says Paul Giorgio, partner and executive vice president, AECOM Capital. “To minimize disruptions to our neighbors, we have used the project’s subterranean parking garage and piazza for staging and worked with the owner to host several outreaches with the community to communicate upcoming major construction milestones and lane closures.”
Giorgio says these outreaches were critical to gaining the city’s approval for the required lane closures for both tower crane dismantlements. “We have a full time delivery manager stationed at the gate to manage incoming deliveries and to not clog up surrounding streets,” adds Giorgio.
Pendry Residences are highlighted by contemporary architecture that cascades on a terraced site along Sunset Boulevard and Olive Drive. The residences feature generous floorplans - ranging from 2,900 to 6,000 sq-ft - flowing seamlessly to large private verandas. Select units include landscaped terraces of up to 3,400 sq-ft with private pools, spas, and outdoor kitchens.
The Residences include floor-to-ceiling windows, custom-designed kitchens, white oak floors, Poliform walk-in closets and dressing rooms. Each unit is accessed via a private elevator connecting directly to a private resident’s terrace and secured parking. Owner amenities include a private residents’ lobby, rooftop pool, fitness center, garden deck and boardroom. A residential lounge will feature a stocked bar and wine tasting room with private lockers. Other amenities include a multi-purpose live entertainment venue, screening room, bowling alley, Spa Pendry and a curated art collection.
The project is currently about 70 percent complete, with crews working on exterior framing and window walls, interior framing on the upper floors and finishes on the lower levels. Five of 10 elevators are underway.