ASTANI ENTERPRISES DEVELOPS $300 MILLION LUXURY CONDO PROJECT

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LOS ANGELES — Beverly Hills, Calif.-based Astani Enterprises Inc. is developing Concerto, a luxury condominium and loft development located at Ninth and Figueroa streets in downtown Los Angeles’ South Park. The $300 million project features two 30-story glass towers and a mid-rise loft building. Designed by DeStefano Partners Ltd., the development features studio, one-bedroom, two-bedroom and three-bedroom units. The units feature approximately 10-foot ceilings, full-length exterior glass walls, European cabinetry and appliances. The property also boosts a saltwater pool, cabanas and fire pits. Occupancy of the 77-unit Loft collection begins in June; occupancy of the first tower with 271 units is planned for this fall.

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