Crow Residential, Western Division, has purchased the 1.33-acre site
at 7141 Santa Monica Blvd. for the development of Domain West Hollywood,
a mixed-use development of 166 luxury apartments with resort-style
amenities and approximately 9,300 square feet of ground floor retail and
Timothy Barden of Land Advisors represented the seller Walbern
Development in the transaction. The buyer was a joint venture of Trammel
Crow Residential (TCR) and Cornerstone
Real Estate Advisers, on behalf of an institutional client. Fifth
Third Bank is the construction lender.
With discretionary approvals in place, TCR expects to begin demolition
of the sound studio and industrial facility on the property this fall
and begin construction of Domain WeHo next spring. Residents are
scheduled to move in spring 2016.
"The architecture will pay homage to its historic location across the
street from the Formosa Café, which has been a Hollywood celebrity
hangout for decades," said Garth Erdossy, senior managing partner at
TCR. Historic courtyard housing, contemporary L.A. design and bold
Hollywood Regency style inspired the architecture.
The design team includes architects Studio One Eleven, Style Interiors,
and landscape architects EPT Design. TCR will construct the project with
Luke Daniels, managing director, and Tony Ditteaux, president of
construction, overseeing all aspects of planning, construction and
The primary design feature is the grand entry portal and stair,
mirroring the red hues of the legendary Formosa Café across the street
and framing vistas of the city and the Hollywood sign. The portal leads
to a central courtyard featuring a pool, kitchen, and fire lounge.
"Domain blends an A+ project with an A+ location," said Daniels. "The
site has a near-perfect score of 94 out of 100 and is designated a
'walker's paradise' at WalkScore.com.
Domain will be located within 2.5 miles of the famed Hollywood Bowl, the
TCL (former Graumen's) Chinese Theatre, Sunset Strip, galleries and
Apartments at Domain will range from 691 to 1,270 square feet. Rents are
anticipated to start in the $2,000s for the market-rate units. In
addition to the 133 market-rate apartments, there are 33 affordable
The Western Division of Trammell Crow Residential has more than 1,500
apartment units in Southern California in development or recently
Rendering available upon request.
Metz Public Relations
Barbara Metz, 858-677-0720