US: Oakwood Worldwide has opened Oakwood Olympic & Olive, a new-build building at 1001 South Olive Street in Downtown Los Angeles.
Oakwood Olympic & Olive is the ninth US corporate housing asset owned by Singapore-based Mapletree Investments, the parent company of Oakwood Worldwide, and the first property added to Oakwood’s portfolio since Mapletree acquired Oakwood Worldwide in February 2017.
The building features a seventh floor sky lounge, downtown views from the pool deck and ‘townhomes’ with front-door stoops along Olive Street.
The property offers furnished and unfurnished apartment options, and includes 201 units of studio, one- and two-bedroom accommodation with open-plan living areas.
The units feature quartz countertops, glass-tile backsplashes, stainless steel appliances, gas ranges, 10-foot ceilings and in-unit washers and dryers. The property’s outdoor spaces include a pool, fitness centre, meeting spaces and a dog park.
“Oakwood Olympic & Olive represents an evolving approach in our collection of serviced apartments, and we are excited to invite our clients and guests to experience the revitalization of Downtown LA and live like a local in our newest addition to the Oakwood family,” said Chris Ahearn, CEO, Oakwood Worldwide. “This modern style and design, along with the community-enhancing common spaces, reflect the qualities we are seeking in the new properties we will be adding to our portfolio as we accelerate our global expansion.”
Oakwood Olympic & Olive is Oakwood’s third branded property in Los Angeles. </p
