I've been following The Gatsby's development over the last year. I always drive past it on Wilcox on the way to various places in Hollywood and I have heard much buzz surrounding the project. Wilcox, which is about five blocks east of Highland and is what I would consider the "fringes of Hollywood", is under going quite a transformation as of late. With the the now sold out Lorcan O' Herlihy architechtural lofts and a few other generic developments lining the street, Wilcox is loosing much of it's seediness and gaining a much more residential feel . It's now what I would consider "hip adjacent" (to quote a very cool developer I know).
What makes The Gatsbyunique is that they do not have a common walls (even though they are town home style) and are zoned with individual lots as single family homes. Since they are not condos, there are no HOA fees which I thought was pretty cool! They are craftsman style and as quoted by Mastercraft (developers), "...LA's first all solar and all green powered urban community". The property shares the same site as the "historic" Orchard Gables Cottage (which is a major eye sore right now) and will ultimately be renovated as an "arts and education community center" as stated in the building literature.
Here's the lowdown. I had the chance to preview a couple of the model units at their very first broker's open this past Tuesday. They units are still in the process of being staged, the site is still under major construction, and the feel is very much one of disarray, so I don't feel like it is fair to make too much of a definitive statement about the project quite yet. From the two floor plans I walked through, you enter into a foyer/flex space (office or den). You then walk up a flight of stairs to the open kitchen/living area and then again up another set of stairs to the third floor bedroom level. With so many cool projects out there, I just didn't fall in love. Of course, this is all just personal taste (I loved the movie "Showgirls", so I am not saying my personal taste is dead on, but I think fairly keen). Right now I am really into sleek architecture, cool fixtures, unique tile work, and materials that I have never seen before. With The Gatsby, I felt like it was just nothing new or exciting for the price. Again, I would like to see it completely finished before I decide if I dig or not.
There are two floor plans available in the first phase of sales. Square footage for Plan A is 1525 and Plan B is 1547, so not much difference in size. Prices start at $749,000-$858,000. Check out their site here.
I have to give a shout out to the on site sales girl. I believe her name is Danielle and she's a real asset to The Gatsby team! I thoroughly enjoyed my tour with her - she knows her stuff!
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