Lincoln Property Opens Downtown L.A. Apt. Tower

Costar Group

Nov 27, 2012 :

Lincoln Property Opens Downtown L.A. Apt. Tower

Lincoln Property Co. has begun lease up of APEX, a 30-story development in downtown Los Angeles, the first residential high-rise to begin renting units in the CBD since the downturn.

APEX, near LA Live in the downtown South Park neighborhood, will include high-end loft studios, and one- and two-bedroom flats and penthouse suites. APEX, owned by ST Residential, is anticipated to conclude lease-up before the wave of new apartment supply saturates the submarket throughout 2013 and into 2014, according to a company release.

Interiors, designed by Dodd Mitchell Design, feature high-end appliances, recessed lighting, silica stone counters and floor-to-ceiling windows. The property features a fitness center and meeting rooms as well as ritzy amenities such as on-site dry cleaning, pet service arrangements, waterless car wash and a professional free-standing photo booth.

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