Versailles
Oxford Associates, LLC, an affiliate of Frost/Chaddock Developers, LLC, is pleased to announce the near completion of Versailles, a luxury, apartment-home community featuring 225 spacious, one- and two-bedroom residences and premier amenities in Los Angeles’ Koreatown neighborhood. Versailles will be available for move-ins in spring 2008. In 2004, Oxford Associates purchased, in a series of transactions, the entire city block at South Oxford Street between James Woods and San Marino, in the heart of Koreatown. Through the State’s Bonus Density program, SB 1818, Frost/Chaddock entitled the property for a total of 225 rental units with 8 units reserved for very-low-income households. The project was completed utilizing Type III construction on podium above 2.5 levels of parking.
Pre-leasing activity indicates that Versailles will undoubtedly transform the rental marketplace in Koreatown. The residences at Versailles feature a refinement of French-Normandy-inspired architecture, spectacular views of the Los Angeles skyline, 20-foot vaulted lofts (select units), stainless-steel appliances (including refrigerator, range, microwave and dishwasher), granite counter-tops in the kitchen, travertine countertops in baths, wood-finish flooring, ceramic-tile flooring in kitchen and baths, designer light fixtures, CAT-5 pre-wiring, dual-pane vinyl windows, raised-panel interior doors, nine-foot ceilings and stacked laundry centers (most units). A variety of distinct floorplans are available. Spanning up to 1,137 square feet, they are designed to complement practically any lifestyle…