Nation's Building News Online

Plain Text Version (Click Here for Graphical Version)

Sponsored by Countrywide Home Loans National Builder Division

www.NAHB.org
Week of June 7, 2004

Front Page

n Builders Mark National Homeownership Month With Efforts to Meet Workforce Housing Needs
n Sign Up for 2005 Committees and Councils by July 9
n Builder Ralph Manley, 80, Re-enacts D-Day Jump Over Normandy
n Online Registration for 2005 Builders’ Show Now Open
n Calendar of Events
* New Web-Based Resource Documents Important Role of Builders in Species Conservation Efforts
* Test Third Headline
* NAHB Members Urged to Watch the Mail for Liability Insurance Survey
* Housing Snapshot

President's Message

* You Can Help Solve the General Liability Insurance Problem

Housing Politics

* Find Out How Your Members of Congress Voted on Key Housing Issues
* Homeownership Alliance Presents 'Homeownership Hero' Awards

Housing and Economics

* Commerce Proposes to Cut Canadian Lumber Duties in Half, But Builders Want Them Eliminated
* Homeownership Declining Among Families With Children, Study Finds
* No Unsustainable Speculative Bubble in U.S. Housing Market, According to UCLA Physicists
* Eye on the Economy

Construction Safety

* Home Builders Responsible for the Safety of Subcontractors
* Free Construction Safety Seminar at Various Locations This Summer

Environment

* Report Finds Insufficient Link Between Mold and Serious Illnesses

Building Quality

* Competition Opens for EnergyValue Housing Awards

Business Management

* Do Your Financial Statements Add Up? If Not, Be Alert to Fraud

Small Builders and Remodelers

* There’s Nothing Sub About Your Subs

Design

* Best in American Living Awards Entry Deadlines Near

Seniors Housing

* Rentals for Active Adults: An ACE Opportunity for Builders

Multifamily

* Luxury Apartments Rekindle Hollywood’s Golden Era
* NAHB Multifamily Is Looking for Speakers for Pillars Conference

Military Housing

* Air Force and Navy Housing Opportunities Announced

Labor

* New Training Program Enables Association Members to Improve Skills of Their Superintendents

Building Products

* HVAC Contractors Using Fiber Glass Duct Board After Rise in Price of Scrap Metal

Building News Coast To Coast

Association News & Events

* Builders Mark National Homeownership Month With Efforts to Meet Workforce Housing Needs
* Sign Up for 2005 Committees and Councils by July 9
* Builder Ralph Manley, 80, Re-enacts D-Day Jump Over Normandy
* Online Registration for 2005 Builders’ Show Now Open
* Calendar of Events

NBN Back Issues

 

Luxury Apartments Rekindle Hollywood’s Golden Era

Belying the traditional image of Hollywood as a place where bigger means better, the developers of 7 Fountains, a West Hollywood luxury apartment complex, realized that even though the site was zoned for 38 units, smaller would be better for everyone, and a less-is-more approach would return more to the bottom line.

The judges of NAHB’s Pillars of the Industry awards found the 20-unit development to be not just better, but best — they awarded it the top prize in the Luxury Rental category.

The property was developed by the Lefevre Corporation, and it had significance to the developer because his grandfather had once lived in an apartment building at that site. The apartments that Lefevre decided to build would have fit right into that earlier era, when grandfather was a young man, Hollywood was Hollywood, and up-and-coming stars lived in apartments with courtyards, balconies and a view of the hills.


Sponsored by: Countrywide Home Loans

Find out how our forward commitments program can lock in rates for extended periods.
See how you can get a loan with as little as no down payment through Countrywide’s Zero Down Plus Program.

The plan created “wildly varied units” with an average size of 1,500 square feet, each with a different floor plan. The structure itself is asymmetrical, with level changes, balconies, exterior stairs, towers and shade from overhangs and awnings.

Access to each unit is through a courtyard and there are no interior shared corridors. The style is Mediterranean, with a nod to Southern California’s Spanish missions, with thick white stucco exterior walls, red barrel tile roofing, cast iron railings, paver tile flooring in the courtyard and fountains.

With its village feel, the upscale community fits right into its historic neighborhood, looking as if it had been there all through Hollywood’s golden age. It was leased up in four months, even though the rents are well above the area median. And, the developer says, it recently was appraised at “the highest dollars per unit of any apartment building in Los Angeles County."
[ Go to Top ]


Sponsored by: National Association of Home Builders

The 2005 International Builders' Show—Register Now!
Reach 100,000+ Builders & Contractors
Membership has its Advantages
Learn More. Earn More. The NAHB University of Housing.

To unsubscribe or to manage your subscription, CLICK HERE

Nation's Building News Online is produced and distributed by the National Association of Home Builders