Los Angeles developer Wood Partners is moving ahead with the type of construction project that has virtually disappeared in the past few years – a luxury apartment community.

General contractor WP West Builders LP, Los Angeles, will break ground on the $75-million Warner Park project in Warner Center during the week of Aug. 15. Construction time is estimated at 22 months with the first units to be available in early 2013.

The designer of the project is Architects Orange, Orange.

据伍德合作伙伴称，这个占地四英亩的场地位于华纳中心（Warner Center）附近，华纳中心（Warner Center）是一个蓬勃发展的综合用途枢纽，拥有超过50,000个工作岗位和数百万平方英尺的高品质零售物业。它距离洛杉矶市中心，伯班克以东20英里，距生物技术，高科技，医疗保健和保险就业机会沿101号公路走廊沿线，距离洛杉矶市中心25英里。
The 298-unit complex, evenly divided between one- and two-bedroom units, is located at 6701 & 6703 Eton Avenue in the Warner Center section of Canoga Park in the San Fernando Valley. The property is six miles west of I-405 and the Van Nuys airport and two miles north of the Ventura (101) Freeway which provides direct access to Ventura and Santa Barbara to the west and north and downtown Los Angeles to the southeast.
木头伙伴后说strong period of build out in 2007, 2008 and 2009, there has been very little new apartment inventory released in the market and that will continue through next year. Based on projects in the pipeline, that trend will reverse beginning in 2013, according to the developer.

洛杉矶的公寓市场始终优于全国。从1999年至2007年，洛杉矶的平均入住率为96％，平均租金增长超过6％。在2008年第四季度下降到92％之后，整体市场反弹至95％，而圣费尔南多谷子市场超过95％。公寓市场研究公司Axiometrics的数据显示，租金已稳定，预计在2011年将在2011年增长5.8％和2012年的6.6％。