Cypress Equity Investments (CEI) continues to take advantage of state-required changes to Santa Monica's zoning rules, upsizing another of its numerous proposed mixed-use residential developments within the city.

1902 Wilshire BoulevardGoogle Street View

The latest project, which would rise from a corner property at 1902 Wilshire Boulevard, was previously slated for the construction of a five-story building featuring 71 residential units above ground-floor retail space and a two-level, 143-car subterranean parking garage. Revised plans, as revealed on a project information website, now call for a taller eight-story building featuring 140 residential units, retail space, and subterranean parking for 197 vehicles.

The revised plan also comes with an increased affordable set-aside - plans now call for 14 affordable units versus the 11 very low-income units proposed through the original project. The earlier plan had called for those units to be located within an adjacent development at 1215 19th Street.

Updated plans retain a similar look to the earlier concept by Patrick Tighe Architecture - but three stories taller. The older plan had called for an exterior of stucco, concrete, and metal panels.

1902 Wilshire BoulevardGoogle Maps

CEI, based out of neighboring Los Angeles, has more than a half-dozen new apartment buildings now planned or under construction in Santa Monica, as well as an under-construction project in Echo Park.

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