Lennar Corporation, a massive homebuilder based out of Florida, has quietly started site prepration for the Oceanaire development in Downtown Long Beach.

According to Longbeachize, work began last week for the seven-story building, which will rise from a vacant lot near the busy intersection of Ocean and Pine Avenues.  When completed, the seven-story building will feature 216 studio, one-, two- and three-bedroom units, in addition to a pool terrace, a fitness center and a clubhouse.

Renderings of the project, which is being designed by architecture firm Togawa Smith Martin, highlight a large north-south portal which provides views of the Long Beach shore.  The building will front Oean Boulevard with with multipurpose green space, as well as performance space and an art gallery.

Longbeachize has reported that the project will proceed under a 20-month construction schedule, placing a completion date in 2020.

Oceanaire joins a handful of large developments planned and underway in Downtown Long Beach, including a remake of the Long Beach Civic Center and a 25-story hotel tower proposed one block east.