Thoughts on the $595k ($600k) per unit LA Homeless shelter?
https://youtu.be/CsLO6Gkp848
https://swinerton.com/project/weingart-center-tower/
Info [Weingart Center Tower]:
-19 story building to provide: x228 studio/bachelor, x47 1 bdr, and x3 1bdr for full-time onsite managers
-Pre-furnished with decent quality amenities: Metal microwave, metal fridge, electric stove range, etc.
-Building amenities included: Dining facility, commercial kitchen, community center, music room, art room, computer room, and outdoor decks. The building will also feature one level of below-grade parking with 15 stalls.
I think a lot of the pricing comes from the above average quality amenities. They aren't those cheap plastic-type stuff. That and the gentrified place called California so everything is more expensive along with higher income pay.