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THE LATEST.
Prime Location Within a Distinctive Architectural Landmark
Posted 6/4/2008
The Mercury represents one of the most ideal opportunities in Los Angeles for purchasing a residence in a prime location within a distinctive architectural landmark, the former headquarters of Getty Oil Company.
"This tower has long stood out as a one-of-a-kind architectural landmark in the city," said Renata Simril, Senior Vice President, Development, for Forest City Development. "It will now be L.A.'s new essential address for beautiful urban residences, including thoughtfully designed, open floor-plan living spaces with the finest fixtures and interiors."
The Mercury is a distinctive tower offering exciting panoramas of the city, including 360-degree views from its exclusive, residents-only retreat, 23. Prices range from the low $400,00s to over $1 million, and include select penthouse opportunities.
The Mercury offers 238 condominium residences in 10 distinctive floor plans from 740 to 1,500 square feet, and up to two bedrooms and two baths. Each residence includes panoramic views, sleek granite-slab countertops, stainless-steel kitchen appliances, bamboo floors and Bosch washers and dryers. Select residences have private patios.
In the heart of Koreatown, The Mercury is central to the area's excellent restaurants, nightclubs, shopping and employment. It is also convenient to the most desirable destinations in Los Angeles, including Downtown, Hollywood, Hancock Park, Beverly Hills, the beach, movie studios and world-class shopping. The Mercury is across the street from a Metro Red Line station.
The social center of The Mercury is 23, a combination recreation center and gathering place on the building's rooftop. 23 offers resort-style pool, spa, state-of-the-art fitness center, fire pit, event lawn, quiet seating coves and barbecue area. 23 takes advantage of The Mercury's vertical dominance of the surrounding neighborhood, 10 to 15 stories above nearby buildings, with views from downtown, to the Hollywood sign, to the Pacific.
"No other building in Los Angeles will offer anything close to 23 - a sky-high oasis above the urban landscape with stunning views in every direction," Simril continued. "And, like everything at The Mercury, 23 will present a sleek, stylish appearance that complements the legacy of this 20th century landmark building."
Constructed in 1963, the landmark was designed by architect Claude Beelman (who also created Downtown Los Angeles' Standard Oil headquarters, known today as The Standard hotel). The building is considered one of the city's finest expressions of mid-century modern architecture. Its vertically oriented exterior is composed of white marble, grey anodized aluminum and bronze glass, giving The Mercury a sleek, polished appearance unlike any other structure.
The high-end interiors are rendered in a stylishly urban look that updates the building's mid-century modern legacy. The Mercury features luxurious terrazzo floors, and a Zen-styled lobby with artful combinations of tile, wood and rock.
Because of its central location in Koreatown, The Mercury offers access to a wealth of destinations. Attractions include the Wiltern Theatre (featuring live performances by internationally recognized artists), Koreatown Plaza (one of two major neighborhood shopping malls), Aroma Spa & Sports (336,000-square-foot center with spa, fitness, shopping, driving range and dining), Koreatown Galleria (with large supermarket, fourteen eateries, over two dozen fashion boutiques and multiple specialty shops), historic Chapman Market, and Koreatown Cultural Center. Fine neighborhood restaurants include M Grill, Opus, Chan Dara and The Orchid. Favored Koreatown nightclubs and bars include Blink, Le Privé and Zip. Ralph's grocery and Rite Aid are across the street.
The Mercury is developed by Forest City Development, a publicly traded national real estate development company. Founded more than 80 years ago, the company today owns property across 21 states and in the District of Colombia.
For more information on the models, to register on The Mercury interest list, to view The Mercury virtual tour, or to pre-qualify for upcoming purchase opportunities, visit www.themercuryla.com, or phone The Mercury Sales Gallery at 213-251-1420, or toll-free 1-877-KTownLA (586-9652).
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