Olympic & Olive Debuts in Downtown Los Angeles
July 18, 2017
Sleek design and expanded amenities attract short- and long-term stays in furnished apartments
DOWNTOWN LOS ANGELES, Calif. — KTGY Architecture + Planning has revealed its designs for Olympic & Olive at 1001 South Olive Street. The development combines fully furnished apartments with the latest amenities, hotel-like services, and a sleek design befitting its location in DTLA’s booming South Park neighborhood.
Olympic & Olive is designed for easy accessibility to surrounding DTLA, and to attract short- and long-term tech, media and entertainment business travelers in Los Angeles, among others. Singapore-based Mapletree Investments, the new parent company of Oakwood Worldwide, is the property owner.
“We love working in South Park with all it offers and all that it is becoming,” said KTGY Principal David Senden. “We wanted to make the most of this relatively compact site and so we arranged the south-facing 3rd floor pool deck for maximum sunlight, and wrapped the deck around the corner of the building to provide great views of the neighborhood.”
Rooftop lounge at Olympic & Olive. Photo by Darren Bradley.
Olympic & Olive amenities are desirable to short- or long-term stay residents: a wide variety of co-working areas and meeting rooms, multiple indoor and outdoor social spaces including rooftop lounge, courtyards, dog park, club room, bike storage, high-tech fitness center, and package-delivery area. Residences range from interior courtyard apartments to city view apartments to roomy townhomes. Hollywood Sign-inspired block letter signage and floor-to-ceiling white curtains further distinguish the building, along with elements such as dynamic cantilevers and tactile materials.
“Along Olive Street, nine townhomes with individual front doors connect residents directly to street life,” said Senden.
All residences are furnished, including essentials from linens to coffee makers. And the entire building is wired with high-speed internet, cable TV and telephones.
Photo by Darren Bradley.
Number of units: 201
Price range: Currently starting at $159 per night and varying by date and residences
Architect: KTGY Architecture + Planning
Developer: Lennar Multifamily Communities
Owner and manager: Mapletree Investments and Oakwood Worldwide
Residence sizes: Studios, one bedrooms, two bedrooms
Amenities: fully equipped kitchens; a paw park for four-legged residents, underground parking with EV charging stations
Website: https://oakwoodolympicandolive.com/
Third-floor pool deck. Photo by Darren Bradley.
About KTGY Architecture + Planning
Celebrating 25 years, KTGY Architecture + Planning is an international award-winning full-service architecture and planning firm delivering innovation, artistry and attention to detail across multiple offices and studios, ensuring that clients and communities get the best the firm has to offer no matter the building type or location. KTGY’s architects and planners combine big picture opportunities, leading-edge sustainable practices and impeccable design standards to help create developments of enduring value. KTGY serves clients worldwide from offices located in Chicago, Denver, Irvine, Los Angeles, Oakland, Pune and Tysons. Visit www.ktgy.com
