The Mark Co. will drive sales and marketing for Los Angeles’ Oceanwide Plaza Residences. The 504 luxury condos are part of a 1.5 million-square-foot project developed by Oceanwide Holdings, which also includes a five-star 184-key Park Hyatt hotel and 153,000 square feet of retail known as The Collection. The $1 billion project is slated for completion in 2019.
The three mixed-use towers will feature a two-acre sky park with fully grown trees and lawns 100 feet above street level with an array of outdoor amenities exclusively for residents and their guests. Amenities will include a basketball court, a running track, a pool, and separate runs for both large and small dogs and their resident owners. The development is immediately adjacent to the Staples Center and LA Live.
The Mark Co., a subsidiary of Pacific Union International, will benefit from the recent merger of Pacific Union and Los Angeles-based luxury brokerage John Aaroe Group, extending its reach with more than 1,100 real estate professionals in 38 offices throughout Northern and Southern California.
The Mark Co.’s project-development track record in Los Angeles includes the Ritz-Carlton Residences at LA Live, Evo, Barker Block, and Luma, as well as the recent sellout of SL70 in Silver Lake and the design and positioning of more than a dozen preeminent rental and for-sale developments throughout the city. The company currently provides sales and marketing services for Malibu’s celebrated Cavalleri development near Point Dume.
Image courtesy of Oceanwide Plaza