search

The Real Deal Logo

Trending

Lawmakers reach sweeping housing deal with “good cause eviction,” new 421aLawmakers reach sweeping housing deal with “good cause eviction,” new 421aLincoln Property defaults on Newport Beach office loanLincoln Property defaults on Newport Beach office loan“Investing before the ‘all clear’ sign”: Jon Gray on Blackstone’s $10B apartment deal“Investing before the ‘all clear’ sign”: Jon Gray on Blackstone’s $10B apartment dealVictor Sigoura picks up site of failed West Chelsea condo for $87MVictor Sigoura picks up site of failed West Chelsea condo for $87M
Los Angeles

Santa Monica adds another resi-retail complex to its pipeline

The project, named 3030 Nebraska Avenue, would include 190 apartments

Renderings of 3030 Nebraska (Michael W. Folonis Architects)
Renderings of 3030 Nebraska (Michael W. Folonis Architects)

Real estate developer WS Communities is planning a 190-unit residential complex in Santa Monica, set to rise near the recently built Expo Line’s Bergamot station.

The project, which the Santa Monica Architectural Review Board reviewed this week, will include studio, one, two, and three-bedroom apartments spread across a four-story building. There also will be 87,000 square feet of offices and parking, all found within five underground levels, Urbanize reported.

Renderings from Michael W. Folonis Architects portray a white low-rise structure with several open spaces throughout.

Sign Up for the undefined Newsletter

WS Communities, led by former NMS Properties’ executive Scott Walter, has completed some 20 other residential projects, most of them located in Santa Monica, including several current developments on Lincoln Boulevard and Colorado Avenue.

The entity was created to manage the buildings formerly owned by NMS Properties, according to Urbanize.

Elsewhere in Santa Monica, CIM Group is planning a 47-unit apartment building at 2903 Lincoln Boulevard. The firm recently won a major victory against NIMBY residents who had appealed the project, paving the way for the three-story, 59,300-square-foot project to take shape. [Urbanize] – Natalie Hoberman

Tags
ReSanta Monica