Lacy Studio Lofts, New Urban Residences for Creative Angelenos, to Open in December in Historic Lincoln Heights

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Spacious New Lofts Transform Blighted Properties into Artistic Nexus

L.A. Art Community & Neighborhood Invited to Multi-Media Event & Open-House Art Tours

LOS ANGELES, Dec. 4 /PRNewswire/ — Creative Environments of Hollywood announces the grand opening of Lacy Studio Lofts, an extraordinary new 45-unit live/work loft complex at 2664 Lacy Street in Lincoln Heights, a downtown urban setting rich in Los Angeles history.

Lofts for Creative Living

Lacy Studio Lofts is a contemporary interpretation of the “New Urbanism” loft conversions that began revitalizing neglected downtowns in the early 1990s. Creative Environments took its inspiration from L.A’s legendary, high-energy centers for art, music and film.

Lacy Studio Lofts offers a cutting-edge, stylish location for the city's creative community. These extraordinary spaces with tall ceilings, city views and skillful architectural detailing, are tailored to the needs of creative individuals involved in visual and performing arts and all aspects of the entertainment industry.

Reinvigorating the Soul of the City

Lacy Studio Lofts emerged from four rescued, low-rise vintage industrial buildings on approximately 100,000 square feet of land. The new lofts will help improve a nearly forgotten neighborhood. At the turn of the 19th century, Lincoln Heights was an upscale bedroom community with lavish Victorian mansions. A hundred years later, the area is recovering from a long decline. Today’s artistic lofts are in the vanguard of the transformation of Lincoln Heights into a diverse, vibrant expression of the soul of the city.

“We believe passionately in this neighborhood, and to create Lacy Studio Lofts, we came and immersed ourselves in what we see as the heart and soul of Los Angeles,” said Howard Sadowsky, Vice Chairman of Creative Environments.

Bright, Airy Spaces, Elegant Design

The residences offer open, flexible floor plans with high ceilings and open upper mezzanines, sleek polished concrete flooring, and private and semi-private patios. The stylishly landscaped outdoor common spaces are perfectly suited for outdoor kitchens, lounging areas, reflecting pools and fire pits. Lacy Studio Lofts are secure, with gated parking and a biometric entry system.

Features found in some of the project’s 45 units include exposed brick walls, custom steel spiral staircases with inlaid acrylic style treads, anodized aluminum frame “storefront” windows and oversized doors and custom steel frame exterior walls with large flip-up or pivot style doors. Other stylish amenities include LED accent lighting and private and semi-private patios with barbeque pits.

The state-of-the-art kitchens have luxurious design details, including sleek Italian cabinetry with flat-style lacquered aluminum framed drawers and doors, custom steel countertops, stainless steel appliance packages, and colored glass backsplashes. The bathrooms are designed with custom stainless steel countertops, brushed chrome fixtures, fluted glass and glass-paneled open showers.

The Grand Opening of Lacy Studio Lofts

Stars of L.A’s contemporary arts world will be among the guests at the Grand Opening reception & Multi-Media Art Event at Lacy Studio Lofts, presented by Creative Environments, Lilli Muller, Edgar Varela Fine Arts and Bert Green Fine Art, with entertainment by Pablo Calogero & Triorganico, Sidestreet Reny and X-Factor. To be held on Saturday, December 15, 2007 from 6-11 p.m., the evening promises a high-energy, multi-media art event. Guests can tour completed loft units while experiencing a variety of original works by professional and emerging artists. Following the grand opening, the art installation will remain on display from December 15, 2007 through February 29, 2008.

Lacy Studio Lofts are located in the heart of historic Lincoln Heights, just east of the intersection of Figueroa Street and 26th Avenue, one block north of the Gold Line 26th Avenue Station. Additional information and directions are available at http://www.lacystreetarts.com.

About Creative Environments of Hollywood

Founded by local real estate icons Jerry Schneiderman and Howard A. Sadowsky, Creative Environments of Hollywood (CEH) is dedicated to the revival of Los Angeles’ overlooked neighborhoods, many of which were once crucial to the City's economic and cultural and prosperity. Since its inception in 2003, CEH has become the premier investor, developer and manager of urban live/work lofts, with more than 20 projects totaling 1.1 million square feet and valued at more than $1 billion built or under development. CEH carefully transforms existing underutilized properties with an eye toward historical integrity, progressive function and contemporary aesthetic. CEH properties adapt readily to the needs of creative commercial, live/work loft and residential spaces, while serving as vital catalysts for community revitalization.

SOURCE Creative Environments of Hollywood

© 2007 PR Newswire. All Rights Reserved.

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