GRT Portfolio Properties, which owns the property at 216-234 Pico Boulevard, hopes to raze all existing structures to construct a three-story building containing 105 studio, one-, two-, and three-bedroom apartments - including eight affordable units - and 10,803 square feet of ground-floor commercial space above a two-level, 231-car basement garage.
Frederick Fisher and Partners is designing the low-rise development which would consist of two clusters of buildings framing a central courtyard. Commercial spaces activate its street corners, while residetial units lining the ground floor along the sides and rear of the project site. The upper floor units are all oriented to face a pair of interior courtyards, with additional open space to be provided in the form of two roof decks.
Although all existing structures have been cleared by the Santa Monica Landmarks Commission for demolition, an existing "BOWL" sign is to be preserved and incorporated into the new development.
The project will go through several public hearings prior to any vote on approval.
- Santa Monica Archive (Urbanize LA)