LMC, a subsidiary of Lennar Corp., is nearing completion at the Oceanaire development in Downtown Long Beach. 

“Downtown Long Beach possesses such a distinctive vibe with its signature shoreline and variety of shopping, dining and entertainment options,” said JJ Abraham, division president of California for LMC in a news release. “We are thrilled to join the neighborhood and offer what we believe is a top-of-market experience for our residents that perfectly complements the laid-back beach vibe.”

The seven-story building, located at 150 Ocean Boulevard, features 216 residential units in a mix of studio, one-, two-, and three-bedroom floor plans.  The complex also includes a swimming pool, a club room, a fitness center, and a two-level parking garage.

Togawa Smith Martin designed the building, which is highlighted by a north-south "portal" that allows for pedestrian access between Ocean Boulevard and Seaside Way.

Rents at Oceanaire will range between $2,170 and $4,520 per month, according to a leasing website.

The apartments are located across the freshly-revamped Long Beach Civic Center.

A block east, a 30-story hotel tower is planned for a city-owned property at 100 Long Beach Boulevard.