TriStar Realty Group Gets Nod to Build Medical Office Building and Assisted Living Complex in Encino
TriStar Realty Group has received the approval from the Los Angeles City Council to build a medical office building and a 90-unit assisted living apartment complex in Encino.
Project Details
The project, dubbed ParkPointe Encino, will replace some commercial storefronts and a parking lot at 17017 Ventura Boulevard. The development will feature a 55,000-square-foot medical office building facing the boulevard, near Genesta Avenue. A triangular building with 66 assisted living apartments and 24 memory care units will sit behind it.
Design and Features
The medical office building will be a three-story structure with floor-to-ceiling windows facing the San Fernando Valley’s busiest commercial street. The apartment complex will be a five-story building with a beige exterior, white and gray accents, and black trim. The complex will also feature black trellises over rooftop terraces and courtyards.
Timeline and Cost
Construction is expected to take three-and-a-half years, but the cost and timeline for construction were not disclosed.
About TriStar Realty Group
TriStar Realty Group, founded in 2008 and led by members of the Kashani family, focuses on developing commercial properties. The company has previously developed the $50-million Ventana Medical Plaza, a 120,000-square-foot building completed in 2017 at 18133 Ventura Boulevard in Tarzana.
Conclusion
The ParkPointe Encino project is a significant development for the Encino community, providing a new medical office building and assisted living complex. The project is expected to take three-and-a-half years to complete, but the cost and timeline for construction were not disclosed.
FAQs
Q: What is the name of the project?
A: The project is called ParkPointe Encino.
Q: What is the location of the project?
A: The project is located at 17017 Ventura Boulevard in Encino.
Q: What is the size of the medical office building?
A: The medical office building will be 55,000 square feet.
Q: How many units will the assisted living complex have?
A: The assisted living complex will have 90 units, including 66 assisted living apartments and 24 memory care units.
Q: When is construction expected to be completed?
A: Construction is expected to take three-and-a-half years, but the exact timeline was not disclosed.
