A New Vision for Ventura Boulevard
TriStar Realty Group, a local developer led by Daniel Kashani, has secured approval from the Los Angeles City Council to construct a combined medical office building and senior living complex in Encino. This ambitious project, named ParkPointe Encino, is set to transform the site at 17017 Ventura Boulevard, replacing existing commercial storefronts and a parking lot.
Project Overview: Medical and Senior Facilities
The development will consist of two key components:
- Medical Office Building: A three-story, 55,000-square-foot facility will face Ventura Boulevard near Genesta Avenue. The design includes floor-to-ceiling windows, offering a modern aesthetic to one of the San Fernando Valley’s busiest commercial streets.
- Eldercare Facility: Situated behind the medical office building, a five-story residential complex will house 90 units, including 66 assisted living apartments and 24 memory care units. The white and gray structure, accented with black trim and rooftop terraces, is designed to provide a comfortable and stylish environment for residents.
Both buildings will be divided by a small courtyard and an alley, creating a thoughtful separation between the spaces.
Practical Features: Parking and Accessibility
An underground parking garage will provide space for 364 cars, ensuring sufficient capacity for both residents and visitors. This feature addresses the growing need for accessible parking in the area, a critical aspect of accommodating medical and eldercare facilities.
The Evolution of ParkPointe Encino
TriStar Realty originally filed plans for the site in 2018, envisioning a five-story, 97-room assisted living facility alongside a two-story health club with parking for 460 vehicles. Since purchasing the property in 2016 for $4.6 million, the developer has refined its vision to better align with community needs and modern design principles.
A Proven Track Record
TriStar Realty Group, established in 2008 by the Kashani family, specializes in developing commercial properties. Notable projects include the $50-million Ventana Medical Plaza, a 120,000-square-foot facility completed in 2017 at 18133 Ventura Boulevard in Tarzana. The group’s experience and commitment to quality underscore the potential success of ParkPointe Encino.
Construction Timeline and Design
Designed by Newport Beach-based HPI Architecture, the project’s aesthetic blends functionality with elegance. The medical office building’s beige exterior and expansive windows will complement the sleek design of the residential complex, featuring rooftop terraces and courtyard spaces.
Construction is expected to take approximately three-and-a-half years, though specific costs and detailed timelines have not yet been disclosed.
Conclusion: Meeting Encino’s Growing Needs
As Encino continues to evolve, ParkPointe Encino represents a significant step forward in addressing the community’s healthcare and senior housing needs. By combining modern medical facilities with thoughtfully designed senior living spaces, TriStar Realty Group is poised to deliver a transformative project that benefits residents and enhances the area’s landscape.
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