Nearly one year since our last update, construction is in the home stretch for a new senior affordable housing complex near the E Line's western terminus in Downtown Santa Monica.
The project from Tishman Speyer, located at 711 Colorado Avenue, is a seven-story building that will feature 57 studio, one-, and two-bedroom apartments above approximately 1,848 square feet of ground-floor retail space when complete. Save for a single manager's unit, all of the apartments are to be serve as income-restricted housing for seniors.
KFA Architecture is designing the contemporary podium-type building, while Milender White is its general contractor.
The 711 Colorado project was one of eight properties in Downtown Santa Monica which Tishman Speyer acquired in early 2022 from WS Communities. It is among the first four to break ground, following market-rate developments at 501 Broadway, 1430 Lincoln Boulevard, and 1650 Lincoln Boulevard.
The income-restricted units at 711 Colorado are intended to satisfy the off-site affordable housing requirements of the project at 1430 Lincoln Boulevard, as well as another planned building at 1313 6th Street.
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- 711 Colorado Boulevard (Urbanize LA)
Looking for affordable housing? Visit lahousing.lacity.org/aahr and housing.lacounty.gov