Metropolis set to become star of Downtown LA, says Oryx World Portfolio

Luxury living within minutes of LA Live just months away

Downtown LA may be awash with new residential developments but there’s one in particular that looks set to steal the headlines.

Metropolis is the epitome of luxury living with three elegant towers, a boutique hotel and 70,000 square feet of retail, and food and beverage outlets.

But it’s not just the amenities or the contemporary apartments that set Metropolis aside. Located on 889 Francisco Street, this contemporary, multi-purpose living space is less than a ten-minute walk from Staples Center, arguably the greatest entertainment venue in the world.

Home to several high-profile events such as the prestigious Grammy Awards, the 20,000-seat arena has hosted countless musicians and bands including Adele, Taylor Swift and U2.

Ray Hogan, managing director of Oryx World Portfolio, which is selling multiple Metropolis units, says, “The location is outstanding. In less than ten minutes, residents can walk to this world-class entertainment centre and see some of the best performances at any time of the year.

“Staples Center is home to hockey’s Los Angeles Kings, and basketball’s Los Angeles Lakers and Los Angeles Clippers, so sports fans are also catered for,” he adds.

And there’s more. Less than a five-minute walk from Metropolis is LA Live, the sports and entertainment district that surrounds Staples Center. The campus features sports and music venues, night clubs, restaurants, a bowling alley, museum and movie theatres.

Considered the premier destination for live entertainment in Downtown Los Angeles, LA Live is packed with exciting activities for all the family.

The real star of the show, however, is Metropolis itself. With units starting from $576,000, the first phase of development is due for completion in Q4 2016. The third and final tower is expected to be ready by the end of 2018.

Wilson Chueire, sales broker at LA-based real estate brokerage Douglas Elliman, says, “Metropolis is built on approximately 6.3 acres, which is a scale never before seen here. It is the largest residential mixed-use development on the West Coast and will redefine the standards of living in Downtown LA.”

“Its magnitude, spectrum of amenities and nearly three acres of greens – no other project in DTLA has that. These are brand new residences with completely unobstructed views of the South West,” he says.

As one of LA’s most talked-about developments, Metropolis is generating huge interest from prospective buyers. Anyone thinking of investing in the area should contact Oryx World Portfolio on +971 (0)4 446 2000 for more detailed information including a full breakdown of prices, projected capital appreciation and flexible payment plans.

As units are selling fast, investors are urged to get in touch as soon as possible.