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Multifamily

Feb 21, 2024

Landmark Properties Breaks Ground on Massive 1,236-bed Student Housing Project in Los Angeles

A new chapter begins as Landmark Properties embarks on The Standard at Los Angeles project, introducing a vibrant student housing community with 429 units and 1,236 beds in close proximity to the University of Southern C…

Landmark Properties Breaks Ground on Massive 1,236-bed Student Housing Project in Los Angeles
Traded Media
Traded Media

Traded Editorial

2 min read

A new chapter begins as Landmark Properties embarks on The Standard at Los Angeles project, introducing a vibrant student housing community with 429 units and 1,236 beds in close proximity to the University of Southern California's Los Angeles campus. This innovative development also includes the rejuvenation of five townhomes, adding 48 beds to the bustling neighborhood.

Revamping the Landscape

In a strategic move, the 4.5-acre site was secured by Landmark Properties for $114.8 million from Ventus Group. The completion timeline set by Landmark Construction, the in-house general contractor, aims for the grand unveiling of this transformative project by August 2026.

Immerse yourself in the luxurious offerings of The Standard at Los Angeles, where a variety of thoughtfully designed studio, one- to five-bedroom layouts await. With over 60,000 square feet of meticulously crafted interior and exterior amenity spaces, each unit promises a blend of elegance and practicality. Expect to find modern stainless steel appliances, sleek quartz countertops, private bathrooms, convenient washers and dryers, and the allure of private balconies or patios gracing select floorplans.

Beyond individual unit charm, The Standard at Los Angeles presents an array of shared amenities designed to elevate community living. Picture yourself lounging by the refreshing swimming pool with a sun-kissed sundeck, hosting delightful gatherings at the outdoor grilling stations, or catching your favorite events on the impressive Jumbotron. Indulge in the enhanced lifestyle offerings that include a well-appointed clubhouse featuring a fitness center and yoga studio, multiple study lounges for productivity, a serene interior courtyard for relaxation, a convenient grab-n-go spot, and secure onsite parking facilities. The property endeavors to redefine the essence of residential luxury living.

A New Era Dawns

Perched elegantly at 3900 S. Figueroa St., in the shadows of the sprawling 160-acre Exposition Park, lies a community of promise. Here, where the echoes of BMO Stadium and LA Memorial Coliseum resonate, and the heartbeat of the USC campus pulses less than half a mile away, a new chapter unfolds. The vibrant tapestry of Downtown Los Angeles beckons just 5 miles northeast, while the gateway to the world, Los Angeles International Airport, stands 15 miles distant.

Landmark's Vision

In the intricate web of student living, Landmark Properties emerges as a stalwart with 68 communities already woven across the nation. The Standard at Los Angeles, a testament to Landmark's dedication, now stands as their second venture in this bustling city. A companion to its predecessor, The Mark at Los Angeles, a cozy 166-bed enclave catering to the scholars of University of California Los Angeles, which made its debut just last autumn.

Exploring New Horizons

In a recent venture, the company has acquired a 15-acre plot earmarked for a unique 303-unit, 936-bed residential community tailored to meet the housing demands of students attending the esteemed University of Colorado at Boulder. Set to be unveiled in the fall of 2027, this development marks a strategic move by the firm to cater to the academic community's accommodation needs.

#California#Multifamily#Development Site
Published: Feb 21, 2024Last updated: February 21, 2024