'Best New Community' at L.A. LIVE Celebrates Highly Decorated Year

Top Industry Awards in Design and Conservation - and Entertainment's Biggest Awards Shows - Honor L.A. LIVE and The Ritz-Carlton Residences

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The Ritz-Carlton Residences at L.A. LIVE

Dec 21, 2010, 09:07 ET

LOS ANGELES, Dec. 21, 2010 /PRNewswire/ -- The Ritz-Carlton Residences at L.A. LIVE today announced its 2010 year in review, a look-back to noteworthy events and industry honors awarded to one of the largest luxury-branded residences of its class in the world.

Located in the heart of Los Angeles' world-class sports and entertainment district, The Ritz-Carlton Residences at L.A. LIVE offer an unparalleled experience through its all-access living program, including special advance invitations and VIP access to L.A. LIVE events and venues. This year homeowners were provided gilt-edged access to several premier entertainment events hosted on the L.A. LIVE campus, including the 62nd Annual Primetime Emmy Awards; the 52nd Annual GRAMMY Awards; the 2010 American Music Awards; the 2010 MTV Movie Awards; the 16th Annual Los Angeles Film Festival; and the 2010 Summer X Games. Additionally, The Ritz-Carlton Residences, in conjunction with the GRAMMY Museum, hosted an exclusive reception and performance by two-time Grammy award-winning jazz singer, Cassandra Wilson.

Industry Award Recognition Regarded as a leader in the renaissance of Downtown Los Angeles, The Ritz-Carlton Residences at L.A. LIVE earned top recognition from leading institutions across several industries, including:
ULI Global Award for Excellence: This year L.A. LIVE was one of five companies to win the Urban Land Institute's Global Award for Excellence. The award sets the standard for responsible real estate development practices worldwide and is widely regarded as the industry's most prestigious recognition program. Chosen by a jury of renowned land use development and design experts, L.A. LIVE was also recognized for transforming a stretch of underused land in Downtown Los Angeles into a vibrant sports, residential, and entertainment district that has helped to draw the world’s largest entertainment events and awards shows to Downtown L.A.
Best New Community 2010: Earlier this year, at its 15th Annual Luxury Real Estate Conference, LuxuryRealEstate.com recognized The Ritz-Carlton Residences at L.A. LIVE as one of the most innovative and exciting new luxury real estate developments, awarding it Best New Community 2010. Known as the "Who's Who" in the Luxury Real Estate industry, LuxuryRealEstate.com is a global collection of the finest luxury real estate brokers in the world with more than 1,000 brokerage firms and 95,000 professionals representing more than 65 countries.
Leadership in Energy and Environmental Design (LEED) rating: Additionally, The Ritz-Carlton Residences at L.A. LIVE registered for LEED certification, and is striving for a Silver LEED rating for sustainable energy-saving features integrated into the building by critically-acclaimed architect firm, Gensler. The distinction, given by the Green Building Council, recognizes The Ritz-Carlton Residences as a benchmark for environmentally-sound design and construction in a high-performance building. As such, The Ritz-Carlton Residences will reduce and optimize its energy and water consumption through a series of progressive efforts, including the use of low-water-flow fixtures, landscape irrigation, use of recycled content in building materials, diverting waste from landfills, and encouraging alternate modes of transportation.

About The Ritz-Carlton Residences at L.A. LIVE

Set to debut in early 2011, The Ritz-Carlton Residences at L.A. LIVE is one of the first luxury-branded residences in Los Angeles, offering "all-access living" in the heart of the exciting new sports and entertainment district L.A. LIVE.

Residents will enjoy privileged access to five-star lifestyle experiences, including services of The Ritz-Carlton Hotel, such as a dedicated residential concierge/doorman, valet parking and VIP status with The Ritz-Carlton Hotel guest relations. Just an elevator ride away are unparalleled amenities, including a world-class restaurant, residential sky lobby with landscaped terrace, private heated rooftop pool, state-of-the-art spa and fitness center, and exclusive residential lounge, with private board room and media room.

Location is everything, and the 224 Ritz-Carlton Residences are just steps from L.A.'s best in entertainment, sports, night life, live performances, and fine dining offerings at L.A. LIVE. Hailed for its role in the renaissance of Downtown L.A., the vibrant L.A. LIVE district is home to the world-famous STAPLES Center, the Los Angeles Convention Center and the brand-new Nokia Theatre L.A. LIVE. It also includes six city blocks of restaurants, cafés, cinemas, bowling lanes, music clubs, and the GRAMMY Museum, in addition to residential and hotel facilities, including the JW Marriott and The Ritz-Carlton.

Within months of becoming available, approximately 60% of The Ritz-Carlton Residences at L.A. LIVE have been sold, and closings will begin in early 2011. To make a reservation or find out more on "living the all-access life" at L.A. LIVE, please call 213-622-4242, or visit www.allaccessliving.com.