Onni plans 231-unit project on Santa Monica Boulevard

Los Angeles /
Mar.March 08, 2017 10:45 AM

Canadian developer Onni Group is planning a seven-story mixed use project on Santa Monica Boulevard, just west of Highland, Curbed reported.

The building, which would comprise 231 residential units plus 15,000 square feet of commercial space and 390 parking spaces, would replace a car storage business on the site, at 6901 Santa Monica Boulevard. Roschen Van Cleve Architects is designing the Hollywood project.

Of those 231 units, 15 would be set aside for very low-income households, according to an environmental impact report.

Onni is just the latest developer to eye opportunities on Santa Monica Boulevard. AvalonBay is planning a six-acre, 695-unit project just down the street, Curbed noted.

Onni has been on an acquisition tear over the past year. Last week, the company acquired a Glendale office building, at 611 N. Brand Boulevard, for $83 million, or $217 a square foot. [Curbed] — Katherine Clarke


Related Articles

arrow_forward_ios
Onni Group picks up Hollywood office property with big potential
Onni Group picks up Hollywood office property with big potential
Onni Group picks up Hollywood office property with big potential
Onni Group wants apartments in place of Long Beach strip mall
Onni Group wants apartments in place of Long Beach strip mall
Onni Group wants apartments in place of Long Beach strip mall
Onni pays $136M in Burbank retail play
Onni pays $136M in Burbank retail play
Onni pays $136M in Burbank retail play
Agency for the Performing Arts CEO Jim Gosnell with the complex (Getty, Atria West)
Onni inks lease with Agency for Performing Arts at Atria West
Onni inks lease with Agency for Performing Arts at Atria West
Rendering of Onni Group's Arts District project
Onni Group’s Arts District tower project clears key hurdle
Onni Group’s Arts District tower project clears key hurdle
Renderings of Omni's new project, along with the original Times Mirror Square building. (City of Los Angeles Department of City Planning, WikiMedia)
City approves Onni’s massive Times Mirror Square redevelopment
City approves Onni’s massive Times Mirror Square redevelopment
Onni Group president Rossano de Cotiis and a rendering of Times Mirror Square
Onni Group’s 1.1K-unit Times Mirror Square project nears final approval
Onni Group’s 1.1K-unit Times Mirror Square project nears final approval
Rossano De Cotiis, Tom Grane of Mob Scene, and Wilshire Courtyard (Credit: LinkedIn and Michael Maltzan Architecture)
Oh, Canada! Tenant accuses Onni Group of trying to pilfer PPP funds
Oh, Canada! Tenant accuses Onni Group of trying to pilfer PPP funds
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...