Koreatown: Hankey Investment Co.’s Kurve high-rise development and the State of L.A.’s Multifamily Market
Koreatown in Los Angeles is a bustling neighborhood with a mix of residential and commercial properties. One of the key players in the development of multifamily properties in this area is Hankey Investment Co., specifically their Kurve high-rise development. The company, led by President Scott Dobbins, has been actively involved in transforming underutilized properties in infill Los Angeles into vibrant communities.
The Kurve high-rise project in Koreatown is a testament to Hankey Investment Co.’s commitment to innovative and creative developments. The project faced numerous challenges, including dealing with oil pools, old storm drains, and power line rerouting. Despite these obstacles, the team successfully completed the project, which now stands as a landmark in the area.
Scott Dobbins, with his background in finance and real estate, brings a unique perspective to the development process. His focus on risk-return analysis and understanding the local market dynamics has been instrumental in the success of Hankey Investment Co.’s projects.
The company’s approach to development involves a deep understanding of the city and building a strong team to capitalize on opportunities. By leveraging their expertise and local knowledge, they have been able to identify valuable investment opportunities and create thriving communities in Koreatown and beyond.
Looking ahead, Hankey Investment Co. continues to explore new opportunities for growth and development in Los Angeles. With a track record of successful projects and a commitment to excellence, the company is poised to make a lasting impact on the multifamily market in the region.