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
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
Onni Group President Rossano DeCotiis, WeWork CEO Sandeep Mathrani, and Wilshire Courtyard

Onni Group defaults on $400M Wilshire Courtyard loan after WeWork lease amendment

Onni Group defaults on $400M Wilshire Courtyard loan after WeWork lease amendment
Rossano de Cotiis and the Violet Street development site (Credit: Google Maps)

Onni Group back with a new plan for Arts District project

Onni Group back with a new plan for Arts District project
Onni Group president Rossano De Cotiis and the site (Credit: Google Maps)

Onni Group plans 14-story office complex in Hollywood

Onni Group plans 14-story office complex in Hollywood
Onni Group’s Rossano DeCotiis and a rendering of the project

Onni Group must redesign Times Mirror Square project, but the clock is ticking

Onni Group must redesign Times Mirror Square project, but the clock is ticking
Aerial view of 611 N. Brand Boulevard and Rossano de Cottiis (Credit: Hunter Kerhart Architectural Photography)

Downtown development king Onni plans massive hotel in Glendale

Downtown development king Onni plans massive hotel in Glendale
WeWork’s Adam Neumann and Onni Group President Rossano de Cotiis with a rendering of Wilshire Courtyard (Credit: Getty Images and Michael Maltzan Architecture)

Onni inks lease with WeWork after closing on massive Wilshire Courtyard purchase

Onni inks lease with WeWork after closing on massive Wilshire Courtyard purchase
Onni Group President Rossano de Cotiis, Decron Properties President & CEO David Nagel and Ocean Plaza

Decron is unloading CRE assets ahead of potential statewide property tax hike

Decron is unloading CRE assets ahead of potential statewide property tax hike
arrow_forward_ios

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

Loading...