Target will take a hefty chunk of the retail space at CIM Group 147-unit Westgate Santa Monica project.
The big-box retailer revealed in Los Angeles City Planning Commission documents that it will take 31,000 of the 40,000 square feet of retail space at CIM’s project at 11800 West Santa Monica Boulevard. Target is applying for a permit to sell alcohol from the store.
The Shaul Kuba and Avi Shemesh-led private equity fund broke ground on the project in early 2016. It will feature amenities including a clubhouse and screening room. The site formerly housed an auto dealership.
CIM Group’s other projects in the area include a 47-unit project to the southwest on Lincoln Boulevard in Santa Monica. It owns two development sites nearby purchased in 2015 on Montana Avenue and on Arizona Avenue.