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Palazzo Westwood May Not Help Student Housing Crisis

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Big week for Westwood Village: the leasing office for Palazzo Westwood Village is now open. As previously covered, everyone is crossing their fingers that this 350-unit building at 1060 Glendon Avenue will inject some life into the struggling Westwood Village and perhaps even provide affordable housing to all those cash-strapped students. Maybe scratch student-affordable: A three-bedroom townhome is listed for $7,790, while a one-bedroom is listed at $2,860. But in return, there are plenty of fancy amenities: Spa, climbing wall, concierge. And 1,200 new parking spaces!

Palazzo Westwood Village at 1060 Glendon Avenue in the heart of Westwood Village is setting a new standard for resort living in Los Angeles and, at the same time, acting as a vital catalyst for the village with over 700 new residents, premier retailers led by the popular Trader Joe’s and more than 1200 new parking spaces.

Palazzo Westwood Village’s 350 rental homes with the city’s highest level of lifestyle amenities, city and courtyard views and superior appointments are quickly leasing and are expected to be completely full by year end. The first residents already have moved in.

Topflight retailers have signed on for most of the commercial space along Glendon Avenue. Trader Joe’s has leased the corner at Glendon and Weyburn while Rite Aid will occupy a similar space across Glendon. Pastagina, an Italian restaurant with al fresco dining, will offer both in-restaurant and in-apartment service. Jersey Mike’s Subs and It’s a Grind coffee shop complete the initial retail cohort expected to open this summer.

Created by Casden Properties, Palazzo Westwood Village embraces the architectural tradition of Westwood with its distinctive towers at the Weyburn Avenue corners and its Spanish revival design. It revitalizes the original Spanish Colonial architecture of the village environment and is within easy walking distance of Westwood’s wide range of shopping, movie theatres, popular restaurants, and world class museum, university and medical center.

The Alhambra, the famous Moorish palace in Granada, Spain, is the inspiration for Palazzo Westwood’s gardens and fountains.

The resort style living includes an infinity pool and spacious private sun deck, the world class health spa and club, and concierge service to help with everything from theatre tickets and car service to birthday gifts and dog walking. The fitness center equals any resort with the finest customized equipment including exceptional cardio machines. There’s also a 30-foot rock climbing wall, a weight room and exercise studio, and daily classes that include yoga, pilates and spinning. Men’s and women’s steam rooms, saunas, showers and changing areas are equipped with luxurious fittings and furnishings. A comfortable lounge with a 65-inch plasma screen completes the spa.

The Palazzo Westwood Village concierge acts as a personal assistant to residents and takes care of deliveries and service needs as well as booking airlines, lining up limousines or handling myriad other requests. The property management staff is available to take care of any problems that arise or to arrange for outside service people to fulfill decorating or moving needs.

The Executive Center is fully furnished with the latest technology and office equipment. Meetings for up to 20 can be held in the spacious conference room.
· Reader Rant: UCLA Grad Students Need Better Housing Options [Curbed LA]
· Palazzo Westwood [Official Site]