IRVINE, CA – 1600 Vine at Hollywood and Vine was awarded New Rental Property of the Year at the "Saluting Our Stars" Industry Awards from the Apartment Association of California Southern Cities (AACSC). Developed and managed by Legacy Partners Residential, 1600 Vine is a 375-unit mixed use transit oriented development located on the historic Hollywood Walk of Fame. AACSC presented awards to properties and individuals to recognize achievements and performance for 2009/2010 at their annual tribute breakfast.
"We are delighted that 1600 Vine was honored. Ten years in the making, 1600 Vine is a premier property unlike any other," says Legacy Partners' Scott Morrison, Senior Vice President, Operations. In addition to the market rate and affordable apartment homes, ground floor retail features Trader Joe's, Wells Fargo Bank, Café Entourage, Bubbles dry cleaners, and a 215-space, on-site public parking lot. The community also shares a city block and grand valet parking entry and podium with the W Hotel Hollywood, W Residences and the famous Drai's Hollywood nightclub, one of the most popular rooftop club destinations in Los Angeles. Above the Hollywood and Vine Metro station, the property brings the Golden Age of Hollywood into today's fast-paced, celeb-driven LA.
Several individuals from Legacy Partners Residential were also award winners including Sarra Tsiatsos as Manager of the Year for The Pointe at Warner Center (101 to 250 unit category); Jody Webber as Manager of the Year for managing both Burbank Senior Artist Colony and The Piedmont Luxury Senior Apartments (251+ unit category); and Chalae Walker as Assistant Manager of the Year for Pacific Place. "While we build and manage some extraordinary communities," says Morrison, "it's our onsite associates who make the difference every day for our residents and property owners. We appreciate seeing them acknowledged by the Apartment Association of California Southern Cities and their industry peers."
Legacy Partners Residential, Southern California is a division of Legacy Partners Residential, Inc., a major developer and operator of residential and commercial real estate. The Foster City, Calif.-based firm was spun off from the Western U.S. operations of Lincoln Property Co. in 1998.
In addition to nearly 10,000 market-rate, affordable and senior apartment units managed under contract and/or developed and owned by Legacy Partners, the division's portfolio includes nearly 400 boat slips and 500 lofts; nearly 500 condo units, either under warranty or on behalf of homeowners' associations; and 200,000 square feet of retail space. For more information, visit www.legacypartners.com.