A presentation to the Santa Monica Architectural Review Board offers a look at updated renderings of a proposed mixed-use, high-rise development planned at 1437 6th Street.

The former Builder's Remedy project, now being developed by Madison Realty Capital, would rise from a mid-block site on the east side of 6th Street between Santa Monica Boulevard and Broadway. Plans call for the construction of an eight-story building featuring 173 studio, one-, and two-bedroom apartments atop a two-level, 55-car subterranean parking garage.

Aerial view looking southeastOttinger Architects

In exchange for state density bonus incentives granting relief from certain zoning standards, the proposed development would include 26 units of deed-restricted affordable housing.

Ottinger Architects is designing the 1437 6th Street, which would rise to a maximum height of nearly 195 feet, according to a staff report.

Street-level view looking northeastOttinger Architects

"The project proposes a tall building separated into two main forms that create a slender and elegant proportion," reads a staff summary. "The two forms that compose the tower serve to create a dichotomy in both the project’s contemporary design and narrative. One form features glass and undulating patterns while the other provides a solid white tower; the two forms are offset with a corridor of recessed glass."

Madison Realty Capital was a lender to prominent Santa Monica real estate firm NMS Properties, which had previously entitled the site for redevelopment with a smaller mixed-use building. NMS lost control of roughly 50 percent of its portfolio in January 2024, and turned it over to a group of lenders, including Madison.

1437 6th StreetOttinger Architects

Madison has since pursued redevelopment of several former NMS sites with high-rise buildings, including two other projects in Downtown Santa Monica.

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