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Wednesday marks the grand opening of a new homeless housing tower in downtown Los AngelesSkid Row that is drawing praise for its ambition while taking flack for its price tag.

Weingart Tower contains 278 units, though it’s just the start for the Weingart Center Association, the Los Angeles Times reports.

“The second tower, with 302 rooms, is now rising on the south side of 6th Street and is scheduled to open in about 18 months,” the Times explains. “A third, 104-unit tower is in the planning phase.”

While the number of new units is large, so, too, is the 19-story high rise’s amenities list, which includes a gym, art room, music room, TV lounge and balconies with views of the L.A. skyline.

While some are celebrating a new tool in the fight against homelessness in L.A., others are bemoaning the cost: about $600,000 per unit.

While that figure may be eye-popping, it’s below the price of $837,000 for some units, as reported by the Los Angeles Times.