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Wellpointe to Develop $2B Affordable Seniors Housing Campus in Los Angeles

LOS ANGELES — Wellpointe has announced plans for the development of a new affordable seniors housing campus within the Warner Center master-planned district in Los Angeles. Wellpointe estimates a tota

Summary

LOS ANGELES — Wellpointe has announced plans for the development of a new affordable seniors housing campus within the Warner Center master-planned district in Los Angeles.

Wellpointe estimates a total investment of $2 billion in the project, which will be developed in four phases.

A property-holding affiliate of Wellpointe acquired the 4.7-acre development site late last year from Parkview Financial. Upon completion, Viva L.A. Warner Center will comprise four high-rise towers ranging from 34 t

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