Just north of the intersection of Colorado Avenue and Lincoln Boulevard in Santa Monica, a stretch of commercial buildings has made way for the latest mixed-use project from Cypress Equity Investments (CEI).

The project site, located at 1527 Lincoln Boulevard, is poised for the construction of a new a eight-story development which would feature 210 apartments - including 21 affordable units - above ground-floor commercial space and a three-level, 321-car subterranean parking garage.

Rendering of 1537 Lincoln BoulevardCypress Equity Investments

OfficeUntitled is designing 1527 Lincoln, which is depicted in renderings as a contemporary podium-type building.

View of 1527 Lincoln site looking northeastHunter Kerhart Architecturla Photography

The project was initially conceived as a smaller five-story building with 114 apartments, but has since been redesigned following zone changes brought about by Santa Monica's revised housing element.

The project joins an increasingly busy section of Lincoln Boulevard, where work is now wrapping up for a 100-unit apartment building from WS Communities across the street,  and a larger project 280-unit complex from Related Cos. is has replaced a Vons supermarket. CEI has already developed a string of new apartment buildings to the south along the stretch of Lincoln between Colorado Avenue and the I-10 freeway trench.

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Author's note: This article previously referred to an earlier iteration of 1527 Lincoln. The project has since been redesigned.