Ralphs Almost Finished, Opening Soon

The beautiful new Ralphs on 9th & Flower (645 W. 9th Street) ... just 2 blocks away from The Roosevelt, is almost complete. The corporate office says the grand opening will be on Friday, July 13 (did they jinx themselves?).

Eric Richardson from blogdowntown just snapped this great photo of the signage they just installed on Tuesday.


Just another sign that Downtown LA will be a great place to work and live.

The Roosevelt: Walkthru - Metro Station

One of the highlights of The Roosevelt, is that the Downtown Los Angeles Metro Station is directly underneath the building, linking you to the rest of all of Los Angeles.

The Roosevelt: Construction Walkthru

We've just taken a tour of the construction site at The Roosevelt, and major progress has taken place. Here you can see the glass curtain walls that have been integrated into the lightwell facodes, plus interior of one of the lofts. More to follow soon.

Sales Center Open @ The Roosevelt

The Roosevelt Sales Center is now open Downtown. Featuring the luxury amenities soon-to-be found in every loft unit that all come standard, the Sales Center exhibits Kohler fixtures, Sub-Zero refrigerator, Bontempi Italian kitchen cabinets, Bosch premium appliances, milk glass countertops and Waterworks spa-style baths. The Sales Center also features beautiful interior designs furnished by Chayse Dacoda. The Sales Center, open daily from 11am - 4pm, is located at the groundfloor of The Roosevelt: 727 West 7th Street, Los Angeles, CA 90017

Here are a few cool shots of the Sales Center ...
Bontempi cabinets are just an example of the features found in the kitchen vignette






Dining room with custom furnishings







Several floorplans feature glass-enclosed tub areas, an example is on display






Two bedroom vignettes have been designed to give the feel of a finished loft






Floorplans and two project models along with a flat-screen streaming video are always on display

The Roosevelt Construction Update

We just got cool news from the contruction team and the developer at The Roosevelt that we want to share with you. Details ...

• 3 of the 4, multi-level penthouses are completely erected
• Interior stairs have been placed in split-level units
• Kitchens currently undergoing installation
• Ceramic tile has been installed on 2 floors
• Ground-level retail spaces are under construction

We're working away to get you new photos and videos from inside the project ... keep checking back for more news.

CB Urban Living Center Opens

We've just returned from the ribbon-cutting ceremony for the new CB Urban Living "one-stop shop" featuring a dozen downtown loft projects (including The Roosevelt, of course).

Carol E. Schatz, President and CEO of the Central City Association of Los Angeles remarked, "Coldwell Banker is to be commended. The Downtown market is still alive, stronger than ever, and is picking up steam." She added, " We are seeing $600-$1000 per square foot pricing." She mentioned that about 30% of downtown buyers are Korean or Korean American, so the CB center's location in K-Town makes sense for this important demographic.

Councilwoman Jan Perry made the following comments to me after delivering a very positive keynote address, "Downtown is not maxed out yet. It is still drawing interest and isn't overbuilt."

Our sense is that this center will be a real benefit for those buyers working with a broker because they can quickly get a sense of 12 projects in one location. Flat screens play the various
promo reels and VR tours and the environment is comfy.

April Fissel, sales director of The Roosevelt was the only featured property to speak at the press conference. Proclaimed by us as "Top Redhead Sales Director" she's an energetic beauty who knows her stuff. Seen here with Downtown BID's superstar Hal Bastian, who's passion for Downtown might be the secret-sauce behind everyone else's excitement.

New Home Center for Urban Living

Talk about easy access: Coldwell Banker (along with major real estate players including: The Kor Group and Milbank Real Estate Services) has teamed up with some of Downtown LA's best residential loft projects to offer prospective Downtown buyers a one-stop shop.
The 2,500 square-foot space, located in Mid-Wilshire, will present The Roosevelt, Chapman Lofts, Rowan Lofts, Evo, Eastern Columbia, Barker Block and Mercury Rising, among others.
Coldwell Banker and its partners aim to attract all interested buyers: from students to artists to accountants. Having so many projects accessible at one location will help minimize buyer confusion and will centralize information, some of which will be displayed via 13 flat-screens monitors.

A ribbon-cutting ceremony will launch the center on Monday, June 18 at 11:30am. The address is:
3731 Wilshire Blvd., Suite 104
Los Angeles, CA 90010.

Virtual Tour. Take a peek.

Have it all @ The Roosevelt.

Contracts Are In!

We've confirmed that contracts are in and are currently under final internal review. We're told to be on stand-by, and expect a call soon from the Sales Team for an appointment to come in and and go to contract.

SKY Las Vegas: grand opening pictures

SKY Las Vegas is now completed. Developed by Milbank Real Estate, the developers of The Roosevelt.


Here's the lobby area of Sky. This is not a rendering, it's a photo of the finished interior.









An interior shot of one of the lofts at Sky.

SKY Las Vegas: “We delivered what we promised”

Here’s a lengthy, and somewhat rambling report of my recent trip to Vegas for the grand opening of Sky Las Vegas the ultra modern 47 story high rise just completed by Milbank Real Estate who also is developing The Roosevelt.

Sky is the first residential high rise with a strip address to be completed.

Everything was themed white. The 4th floor pools were framed with chic white lounge-style furniture, seating everything from gorgeous stellar young hipsters to what were obviously the older, wealthier owners of these condos. Dual pianists played kitschy oldies while hamming it up with a lounge act. I notice they’re floating on platforms in the pool.

I make a prime rib sandwich. I meet Heidi Kasama, local realtor and principal of Windemere Realty in Las Vegas . She’s optimistic. “Sky is close to the action. That’s where Las Vegas is at.”

Turns out that Sky will be across the street from newly announced major development: Fountainebleu. The 3,889-room, 63-story Fontainebleau Las Vegas hotel/condo-hotel/casino is a $2.8 billion development that is being built on the Strip just north of the Riviera on 24.5 acres.

The building itself upstaged everything, in my humble opinion. The evening light hitting it’s facade was magical. We grabbed some Chinese noodles As the developers take the Mic and address the faithful.

“We delivered what we promised to you,” remarks M. Aaron Yashouafar. This feels personal after years of blood, sweat and tears. “On June 1, we paid off the lender and the project is free and clear.”

His partner David Pourbaba chimes in, “2 years ago we held the groundbreaking party in the parking lot next door. Today we stand in front of a magnificent building. It’s ready.”

I notice the developers taking family on an inside tour of the building. I join the party, not quietly, reminding them I’ll be blogging on this over the weekend. It's amazing how attentive they become. It's nice to be respected, for a change.

Walking inside I hand my Patron on the rocks to the front desk staff. I’ll need two hands for this. Random luxuries attract me:
• Art glass and industrial gooseneck forming the lobby chandelier
• Gym with personal flat screens and the coolest custom parquet floor I’ve seen in a while
• Raquetball court & private screening room
• Social hall with strip views
• Custom birch & mahogany hardwood doors
• Interior design that’s actually cool
• Authentic materials and finishes everywhere I look

One of the investors is Solyman Yashouafar. He’s the older and quieter gentleman who comments, “This is a demonstration of what we do. Next is The Roosevelt in Los Angeles.”

If Sky is any indication of what’s to follow, then The Roosevelt could deliver what it promises too. We’ll keep our eyes open.

Sky Las Vegas

From the same developers as The Roosevelt, we had an insider at the grand opening party last night in Vegas...Sky is the first luxury residential high rise on the strip. The party was amazing by all accounts....report to follow shortly.

Bontempi Kitchen

Did you know that every loft unit at the Roosevelt is being equipped with a gourmet kitchen and custom cabinetry by Bontempi Cucine? Did you know that Bontempi Group is one of Italy's leading industrial companies in the furnishing sector offering high design and excellent value for homes around the world?

If you are interested in getting up close with Bontempi and do not have the time to travel to Italy, you are in luck. Bontempi has a Beverly Hills based Showroom! Next Thursday evening, June 14th at 7pm, The Roosevelt Lofts have teamed up with Bontempi for a special event at their showroom. Please join us for a special evening of drinks, tapas and a cooking demonstration by one of LA's finest Private Chefs, Fabrizio Giorgi. In addition, there will be personal interior design consultations from Alex Monis.

When: Thursday, June 14th 7:00 pm
Where: Bontempi USA
8919 Beverly Drive
West Hollywood

Can you imagine having more fun anywhere else? I can't. Besides, everyone knows that the party always ends up in the kitchen. Can't wait to see you there!