Ten Thousand (Los Angeles)

Ten Thousand
Ten Thousand (Los Angeles) is located in Western Los Angeles
Ten Thousand (Los Angeles)
Location within Western Los Angeles
General information
StatusCompleted
TypeResidential apartments
Location10000 Santa Monica Boulevard
Los Angeles, California
Coordinates34°03′49″N 118°24′51″W / 34.06358°N 118.41427°W / 34.06358; -118.41427
Construction started2014
Completed2017
Cost$390 million
Height
Roof483 ft (147 m)
Technical details
Floor count40
Design and construction
Architect(s)Handel Architects
DeveloperCrescent Heights
Other information
Number of units283
Parking510 parking spaces
References
[1][2][3][4]

Ten Thousand is a 40-story residential skyscraper located at 10000 Santa Monica Boulevard in Los Angeles.[4][5][6] The high-rise tower, built by developer Crescent Heights and was designed by Handel Architects,[7] opened in 2017 with 283 luxury apartments and a maximum height of 483 feet.[1] As of February 2024, it is the 38th tallest building in Los Angeles.[3]

Overview

The 2.4-acre lot was occupied by an office building built in 1970, and the site was once home to Jimmy's Restaurant, a popular hangout for celebrities and local politicians.[8] After its demolition in the early 2000s, the site was considered highly valuable and was contested by many developers including Donald Trump.[4] The auction was won by SunCal Cos of Irvine, but the company filed for bankruptcy in 2008. The site was bought for $59 million by Crescent Heights in late 2010.[4] The project was financed by the Bank of China, which lent $390 million in mortgage financing to Crescent Heights.[9][10] Construction started in 2014 and finished in July 2017,[1] with Ten Thousand opening for lease soon after.[11] In March 2018, Ten Thousand's eco-friendly status was recognized with a LEED Gold rating by the U.S. Green Building Council.[12][13][14]

The building's exterior is made from metal panel, stone, and glass.[15] The structural engineer was Magnusson Klemencic Associates. The interiors and landscape were designed by Shamir Shah Design and RELM Studio.[1] The building is located between Century City and Beverly Hills, and is walking distance from Rodeo Drive and Westfield Century City.[4][5] Amenities include a one-acre park, two swimming pools, a tennis court, a basketball court, a gym, a resident lounge, a private cinema, butler services, and elements of Smart Home technology.[5][16][17][18]

Accidents and incidents

On June 22, 2020, American businessman Steve Bing jumped to his death from his apartment on the 27th floor.[19] Once the heir to a $600 million fortune, drug addiction and various bad business decisions had resulted in his fortune being reduced to $300,000.[20] He had also reportedly been suffering from depression caused by a lack of human contact during COVID-19 lockdowns.[21]

See also

References

  1. ^ a b c d "Ten Thousand". The Skyscraper Center.
  2. ^ "Ten Thousand, LA, CA". Crescent Heights.
  3. ^ a b "Tallest Buildings in Los Angeles County By City & Community: Los Angeles - West Los Angeles, Century City, Rancho Park". Los Angeles Almanac.
  4. ^ a b c d e "$300-million residential high-rise underway near Century City". The Los Angeles Times.
  5. ^ a b c "This L.A. Apartment Tower Bets You'll Pay Manhattan Rents for Rolls-Royce Rides and Botox". Bloomberg.
  6. ^ "The most expensive rental apartment in L.A. costs $59,000 a month and comes with a robot butler". CNBC.
  7. ^ "Ten Thousand Tower's $65K-A-Month Penthouse Is L.A.'s Priciest Rental". Forbes.
  8. ^ "Rents at Crescent Heights' new Century City high-rise will be as high as $25K per month". The Real Deal.
  9. ^ "Bank of China lends $390M to Crescent Heights for Ten Thousand tower". THR.
  10. ^ "Crescent Lands Two Natixis Refis Totaling $734M for LA, San Francisco Properties". Commercial Observer.
  11. ^ "The City's Super Rich Are Clamoring to Live in This Ridiculously Swanky Building in Century City". LA Magazine.
  12. ^ "Award-winning Residential Tower". Construction Industry News and Innovations.
  13. ^ "Celebrities Build Their Eco-Friendly Homes to New Green Heights: Century City Building Sets Eco-Luxe Bar High (subsection)". Variety.
  14. ^ "Ten Thousand in Los Angeles is now LEED Gold". Handel Architects.
  15. ^ "Elevate Your Lifestyle at L.A.'s Most Coveted Address". Los Angeles Magazine.
  16. ^ "Luxury Residents 'Blanketed' in Wi-Fi, IoT Apps: Ten Thousand, Beverly Hills, California". BroadBand Communities.
  17. ^ "America's Most Technologically Advanced Residential Building Begins Leasing". Rob Report.
  18. ^ "Apartment builders woo the wealthy with over-the-top services". Los Angeles Times.
  19. ^ Hyde, Jesse (2020-10-20). "The Tragic Last Days of Movie Mogul Steve Bing". Town & Country. Retrieved 2020-10-20.
  20. ^ Pat Saperstein (June 22, 2020). "Steve Bing, Producer and 'Kangaroo Jack' Writer, Dies by Suicide at 55". Variety. Retrieved June 22, 2020.
  21. ^ staff writer. "STEVE BING Writer/Producer, Liz Hurley's Ex ... DEAD AT 55 FROM SUICIDE". TMZ. Retrieved 28 June 2020.