Six months after securing a $385-million construction loan, excavation is now well underway for a new mixed-use apartment complex from Related California in Downtown Santa Monica.
The project, located at 710 Broadway, replaced a Vons supermarket and its parking lot. Plans call for the construction of a new eight-story building which will feature 280 apartments above approximately 90,000 square feet of ground-floor commercial space, much of which will be given over to a new location for Vons. The project will also feature an elevated 30,000-square-foot courtyard at the center of the building.
As a condition of approval, Related will be required to set aside 84 of the new apartments for rent at below market rates, with units restricted to households earning between 30 percent of the area median income level and the moderate-income level. Community Corp. of Santa Monica will manage the new affordable units.
Large Architecture is designing the 710 Broadway, which will present a different look to its three street frontages: Lincoln Boulevard, 7th Street, and Broadway. Plans call for a curvilinear form along Broadway, folds facing 7th Street, and waves along Lincoln Boulevard to the east. The finished product is expected to have an exterior of brick facade, glass, and wood accents.
The project team also includes Marmol Radziner, which is handling interior design, and landscape firm Studio MLA.
At the time the construction financing was announced, completion of 710 Broadway was expected to occur in late 2025.
Related California's other recent projects in Southern California include the $1-billion Grand Avenue Project in Downtown Los Angeles and a sprawling mixed-use project slated for the site of the Metro Town Square mall in Santa Ana. The company previously developed a $350-million housing complex adjacent to Tongva Park.
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- 710 Broadway - Santa Monica (Urbanize LA)