L.A. Real Estate: Silicon Beach Millionaires Turn Playa Vista Into the Anti-Palisades

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The Hollywood Reporter

By Alexandria Abramian

Developers are drafting off the tech boom with residences near Yahoo and YouTube’s offices tailored to startup moguls: “The kids here don’t want that crappy Cape Cod style.”

The tech-creative office boom in and around Silicon Beach has spawned an explosion in the residential market, with developers, architects and interior designers rushing in to decipher and deploy tech exec’s specialized home requirements.

In Playa Vista, the 1.3-square-mile hotspot that hosts offices for some of the world’s biggest companies (Facebook just signed a lease for Playa Jefferson a nearby five-building, 35,000- square-foot-office), homes are getting larger and more luxurious.  Brookfield Residential has opened the community’s latest neighborhood Marlowe, which includes 30 family homes with prices ranging from the high-$2 millions to more than $3 million – the highest-priced in the community, where other new single-family homes run from the low- to mid-$2 millions.

Read more at http://www.hollywoodreporter.com/news/la-real-estate-silicon-beach-871640

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