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Building Renaissance Stirs Marina Del Rey Coastal Village?

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Building Renaissance Stirs Marina Del Rey Coastal Village?

Marina Del ReyAs we focus on the coastal village of Marina Del Rey, California, we find some creative investors busily work to infuse the boating haven with new life.  Some visionaries are capitalizing on the sensational setting, creating a sort of renaissance image.  But unfortunately, some efforts have been bogged down in red tape.

Last year Marina del Rey celebrated its 50th anniversary.  Unlike most other coastal communities, it was built to port small craft along the Pacific Ocean.  Thousands of beautiful boats are kept in Fisherman’s Village, a huge manmade harbor.

Vacant land is scare.  Marina del Rey only offers up a total 0.9 miles of land for both public and private use.  It is 17 miles west of downtown Los Angeles.  So how have some of the latest Marina del Rey real estate investments added value to the seaside community?  Below are some details about recent real estate projects.  Hopefully, the vision of our coastal village will become reality one of these days.

Courtyard Marriott and Residence

  • A new 6-story Courtyard Marriott and Residence Inn is being built on a vacant lot.  It will offer 228 rooms in the coastal setting.    Downsized from the original proposal of 19 stories, the Marriott property is being leased from Los Angeles County.  Welcomed by the Convention and Visitors Bureau, the hotel project will also “strengthen the Marina’s position as a premiere travel and tourism designation.”

Marina Del ReyWayfarer Apartments and Marina

  • Wayfarer Apartments and Marina is the Phoenix bird rising from the former Mariners Bay apartments.  These are studio, one-bedroom, and two-bedroom rentals.  A $65 million renovation by Legacy Partners includes heating and air conditioning and other upgrades.  Common areas in the low-rise complex include a fitness center, swimming pool, boat slips, and tennis courts.

Marina del Rey AMLI Residential Project

  • Next door, 585 residences and a waterfront promenade are going.  This is a $165 million project by AMLI Residential with 700,000 square feet on the waterfront.

Marina Del ReyNeptune Marina

  • Legacy Partners is also partnering on a redevelopment of the Neptune Marina apartments across the street.

Villas at Playa Vista

  • Villas at Playa Vista is adding a 5-story multifamily building of apartment homes.  This is the second phase of the project and will add 1.1 million square feet of options.  Playa Vista sits on the east side of the Marina and Ballona Wetlands Ecological Reserve.  It is next to Marymount University.

Real Estate Agents Marina del Rey California

For information about Southern California homes for sale and investment properties in Marina del Rey, please call Bob Cumming of Keystone Group Properties at 310-496-8122.

Nautor’s Swan Yachts in Marina Del Rey Territory

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Nautor’s Swan Yachts in Marina Del Rey Territory

How will you recognize the latest innovation yacht by Nautor’s Swan as it bubbles through Marina Del Rey? The Finish boat builder is unveiling its first 115-foot yacht at the September 2015 Monaco Yacht Show. It’s only a matter of time till one of these sleek watercraft gracefully breezes past Southern California homes along the coast.  Hint: the deck boasts a gleaming, elegantly minimalist feel with fewer rope snags.

Nautor’s Swan Yachts in Marina Del ReyAlthough this is a boat with a price tag upwards of $10 million and costly upkeep, plenty of members of the Nautor’s Swan Club frequent local marinas, including Marina Del Rey real estate. One Nautor Swan is for sale in Marina Del Rey, a Swan 43 bargain priced at $139,500.  Past and present owners are all ClubSwan members.  Club members participate in regattas, cruising rendezvous, and social events around the world.
Exterior/Interior

The “latest, most ambitious vessel” yet is featured in the Wall Street Journal Magazine. Available in two exterior variations, each Swan yacht can be completely customized to suit the tastes of owners. The speedy boat can be equipped for competition with a flush deck. It may also come with a semi-raised saloon.

But the signature feature is the teak deck where the boards artistically enhance the natural wood.  In fact, the unique colorations may be captured decades later.  Nautor’s Swan keeps customized teak samples in storage ready to be used for repairs.
The Mast

How does the Swan speed along? Its carbon-fiber mast spans more than 150 feet.  Leonardo Ferragamo, owner of the first Swan 115, is quoted in the WSJ article saying his boat is sailing at 15 knots and he thinks it will reach 25 knots. This is much quicker than the 5-6 knots of a regular sailboat.
The Company

Situated in the middle of the world’s pleasure boating mecca, Nautor’s Swan is right at home in Jajobstad, Pietarsaari, and Kronoby, Finland.  This is a place where boatbuilding is a common hobby. Solleone sailing is as common as a baseball game is in America. In 1966, Pekka Koskenkyla started a yacht company applying finish functionalist design. He enlisted the world’s best naval architects. His company became Nautor’s Swan, winning the Whitbread Around the World Race/Volvo Ocean Race in 1974. The Swan 65 conquered 300-foot icebergs and grave winds.

Nautor’s Swan gained international acclaim, magnetizing top designers and craftsmen to hand-build cruising yachts and distinctive boats. It also faltered after a serious fire and regained footing 25 years later when the Italian Leonardo Ferragamo purchased the faltering company.  The new owner upgraded both interior and exterior elements.  A leader in the luxury sailing yacht market, Nautor’s Swan has built more than 2000 beautiful boats.

Buying and Selling Southern California Homes

For information about luxury Southern California homes for sale and Marina Del Rey real estate, call Bob Cumming of Keystone Group Properties at 310-496-8122.

Marina Del Rey’s Illustrious High-Rise Residences

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High-rise living in the seaside community of Marina Del Rey gives residents vast views of the Pacific Ocean and Santa Monica Mountains.  Thousands of boats port in the world’s largest man-made small craft harbor.  Marina Del Rey Southern California homes in one of these soaring condominium buildings come with resort-like amenities and a maintenance-free lifestyle.

Azzura Marina Del Rey Condominiums, Cove at Marina Del Rey, Regatta Seaside, and Marina City Club feature condominium residences on 15 to 20 floors.  The illustrious Marina Del Rey real estate begins at approximately $700,000 and can range to $3 million.  There are studios and one to three bedroom units available in these luxurious buildings.

Amenities galore pamper the residents.  There are swimming pools and spas, hit a full decks and fitness centers, concierge, security and valet services, and much more.  The Marina City Club, a 40-year-old established residential community, also features a restaurant, tennis club, and yacht club – along with social and recreational events.  Business centers and/or gathering rooms and special rooms add to the dimension of living areas.

The Azzura Marina Del Rey real estate includes 450 contemporary residences.  The architectural masterpiece was completed in 2003.  The Cove at Marina Del Rey is another glorious building overlooking the sparkling waters from several penthouses.  The Regatta Seaside tower spans 20 stories and includes 224 sensational condominiums with tall windows and high end finishes.  Built in the 1970s, the Marina City Club was the first high-rise condo building in Marina Del Rey.  Its three distinctive towers include 600 residences.

Minutes from the Los Angeles International Airport, Marina Del Rey condominium homes offering awesome waterfront views and a true California attitude.  Marina Del Rey California real estate is near the mouth of Ballona Creek between Venice Beach and Playa Del Rey.  The Los Angeles International Airport is nearby along with a smaller airport.  The marina itself is a specially designed harbor with moorings for pleasure craft and small boats.

Invest in Southern California Homes in Marina Del Rey

For information about these distinguished Southern California properties in Marina Del Rey, call Bob Cumming of Keystone Group Properties at 310-496-8122.