Lincoln Property Company and McCourt Partners have secured $133 million in construction in financing for a large, mixed-use project in Culver City, according to multiple published reports.

The project, slated for a roughly 3.4-acre property at 11111 Jefferson Boulevard, is approved for the construction of a six-story development featuring 344 homes - including 52 affordable units - with 2,000 square feet of ground-floor commercial space, a central parking garage, and roughly 17,500 square feet of publicly-accessible open space.

Sepulveda and Jefferson cornerKFA Architecture

KFA Architecture is designing the project, named ElevenOneEleven, which would be a wrap-style complex will green spaces located at three sites along Sepulveda and Jefferson Boulevards.

The project, which is reportedly one of three in a joint venture between Lincoln Property Company and McCourt Partners, is expected to break ground in the coming months. Construction is to be completed over a roughly two-year period, according to an environmental study circulated for the project.

Landscape plan for 11111 Jefferson BoulevardKFA Architecture

Lincoln Property Company, long a developer of offices in Culver City, has recently branched out into residential development, with plans for a similar mixed-use project with 309 apartments at 5700 Hannum Avenue in Fox Hills. Signage at the exterior of that property currently advertise it as an opportunity site for sale.

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