Printer Friendly
The Free Library
14,588,558 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

Westwood hospitality.


Over the last decade there have been many visions for redeveloping the Flax flax, common name for members of the Linaceae, a family of annual herbs, especially members of the genus Linum, and for the fiber obtained from such plants. The flax of commerce (several varieties of L.  Arts Supply building in Westwood Westwood.

1 Residential town (1990 pop. 12,557), Norfolk co., E Mass., in the greater Boston area; settled 1640, inc. 1897. It has several early 18th-century buildings.

2 Residential borough (1990 pop. 10,446), Bergen co., NE N.J.
 Village but until now none have come close to becoming a reality.

Kam Hekmat, president of Indivest Inc., has gained support for a mixed-use project containing a 44-room extended stay hotel with ground floor retail. Hekmat said the project could cost between $8 million and $12 million to complete.

"It's something that is very much needed in the West L.A. market with all the single professionals and business visitors as well as UCLA UCLA University of California at Los Angeles
UCLA University Center for Learning Assistance (Illinois State University)
UCLA University of Carrollton, TX and Lower Addison, TX
 visiting professors," Hekmat said. "Businesses can rent a unit rather than a hotel room, providing a more informal and relaxed setting."

The 44,000-square-foot project, located on Lindbrook Drive, would rise about five stories as it backs away from the street and into the rear of the Center West office tower on Wilshire Boulevard Wilshire Boulevard is one of the principal east-west arterial roads in Los Angeles, California, United States. It was named for H. Gaylord Wilshire (1861-1927), an Ohio native who made and lost fortunes in real estate, farming, and gold mining. . Near the street, the building crouches to two stories and opens to a courtyard For alternative meanings of the word "court", see: Court (disambiguation).

A court or courtyard is an enclosed area, often a space enclosed by a building that is open to the sky.
 interior.

The residential hotel would require a minimum 30-day stay and offer maid and concierge service. Because of its longer occupancy periods, hotel taxes wouldn't be collected on its rooms.

Hekmat's plans gained the approval of the Westwood Community Design Review Board in June and a Planning Commission Noun 1. planning commission - a commission delegated to propose plans for future activities and developments
commission, committee - a special group delegated to consider some matter; "a committee is a group that keeps minutes and loses hours" - Milton Berle
 hearing is expected within the next two months. Because the plans are not likely to be challenged, construction is expected to begin early next year.

"We have full community support." Hekmat said. "Our primary design was enthusiastically supported by DRB DRB Design Review Board
DRB Development Review Board
DRB Douay-Rheims Bible
DRb Distributed Ruby
DRB Dispute Resolution Board
DRB Digital Radio Broadcasting
DRB Defence Research Board (Canada)
DRB Disciplinary Review Board
 and the heads of the homeowners associations."

Hekmat said Indivest would manage the property and run the residential hotel. He said no decisions have been made about what types of retail would go into the project.

"We don't have any specific user for the ground floor yet," Hekmat said. "Whatever is suited best for the neighborhood is what we'd like to put in there."

Staff reporter Andy Fixmer can be reached at (323) 549-5225, ext. 263, or at afixmer@labusinessjournal.com.
COPYRIGHT 2004 CBJ, L.P.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Title Annotation:Real Estate; Indivest Inc.
Author:Fixmer, Andy
Publication:Los Angeles Business Journal
Article Type:Brief Article
Geographic Code:1U9CA
Date:Jul 19, 2004
Words:329
Previous Article:Finishing up.(Real Estate)
Next Article:Job growth could help REITs weather hikes in interest rates.(Real Estate)
Topics:



Related Articles
Landauer/Hospitality Consulting combine. (Landauer Realty Advisors)
Quellos sets year's price record in Center West deal. (Real Estate).(Brief Article)(Statistical Data Included)
Real estate. (Newsmakers).(multiple companies hiring, promotions)(Brief Article)
Hotel ownership. (Letters).(Letter to the Editor)
Ramsfield Hospitality Finance started by Richard Mandel.
Hospitality industry welcomes return of business traveler.
Carlton announces its belief in hospitality.(FINANCE)(Brief Article)
Calendar.(Data Bank)(Calendar)
Calendar.(Data Bank)(Calendar)
Calendar.(Data Bank)(Calendar)

Terms of use | Copyright © 2009 Farlex, Inc. | Feedback | For webmasters | Submit articles