CIM breaks ground on another LA mixed-use development

Mid-Wilshire-based CIM Group broke ground on a mixed-use project on the 1.3-acre West L.A. site it acquired at 11800 West Santa Monica Boulevard, Urbanize reports.

The 147-unit development, dubbed Westgate Santa Monica, will have 40,000 square feet of retail and amenities like a clubhouse and screening room. It was designed by Lorcan O’Herlihy Architects.

The project is being constructed on the former site of Buerge Ford, a West L.A. auto dealership which shuttered. The Buerge Motor Car Company’s other closed dealership, located immediately east, is also owned by CIM Group.

The developments are not CIM’s only properties on Santa Monica Boulevard. In November, the firm acquired the a vacant Sears on 5.3 acres of land in East Hollywood at 5601-5667 Santa Monica Boulevard for roughly $44 million. It plans a mixed-use complex with 700 apartments and more than 300,000 square feet of retail for that site. [ULA]  – Hannah Miet