Related California Breaks Ground on $350M Village at Santa Monica
Ground breaking took place this week on a $350-million mixed-use development along one of Santa Monica’s main business, tourist and local hangout streets.
Besides mixed-use, Related California’s The Village at Santa Monica project will also be mixed-income with a mix of 318 luxury condominiums and affordable rental apartments, 20,000 sq ft of retail and restaurants, and walkable plazas and gardens.
The Village is the first major residential development to be built on highly prized Ocean Avenue in two decades and will offer Pacific Ocean views stretching from Palos Verdes to Point Dume.
Related’s team of designers is led by Santa Monica-based architects Moore Ruble Yudell. MRY designed the master plan, exterior architecture of the condominium buildings and public spaces. The Santa Monica firm of Koning Eizenberg Architecture is the architect for the 160 affordable apartments and Mia Lehrer + Associates created the landscape plan.
The Village will generate 1,500 construction jobs over its 24-month building cycle with Charles Pankow Builders as general contractor. Completion is slated for January 2014.